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Japan's Softbank May Invest In Uber

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According to a report in the Wall Street Journal Softbank is in talks with Uber about a massive $10 billion investment in the company.The deal could give Japan's Softbank as much as a 22% stake in the ride-hailing company if it is able to carry out the full investment.Uber was last valued at $69 billion. But according to the WSJ report, Softbank is trying to convince shareholder to agree to an auction process that would price Uber shares at a discount and value the company at $50 billion. http://www.businessinsider.com/japans... http://www.wochit.com This video was produced by YT Wochit Business using http://wochit.com

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