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Uber's Big-Money Reckoning Is Here

Retrieved on: 2017-12-28 23:00:00

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<div><b>Uber</b> was valued at $68 billion, which is a lot of money for a money-losing taxi service to be valued at, but yesterday Softbank, the Japanese telecommunications giant, said that it would spend $7.7 billion to buy a 15 percent stake in <b>Uber</b>. The math (Softbank paid a slight premium) works out to a new ...</div>

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