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SoftBank's $8 billion Uber stake to consolidate sector

Retrieved on: 2017-12-29 12:30:00

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<div>After months of negotiations, Ola's largest investor SoftBank said it has picked up a 15% stake in Uber, setting the stage for a wave of consolidation in the global ride-hailing industry. SoftBank has around 25% shareholding in Ola and has backed China's Didi Chuxing and Southeast Asia's largest player ...</div>

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