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Can Uber seal a deal with SoftBank and Didi Chuxing?

16 August, 2017

News reports suggest that four investors—Japan’s SoftBank, China’s Didi Chuxing and investment firms Dragoneer Investment and General Atlantic—are looking to invest in taxi-hailing major Uber.

The investment, however, is subject to a resolution of the conflict between Uber’s former CEO Travis Kalanick and the company’s key backer, venture capital firm Benchmark.

Will the prospect of a potential investment of $2-10 billion make Kalanick relinquish the board positions he controls? The investment, if it happens, also raises alarm bells for Ola, Uber’s arch-rival in India.

Since SoftBank is already an investor in Ola, what will this deal mean for India’s cab-hailing segment?

Watch the video to know more.

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Can Uber seal a deal with SoftBank and Didi Chuxing?

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