Uber lines up four investors

FILE - In this March 15, 2017, file photo, a sign marks a pick up point for the Uber car service at LaGuardia Airport in New York. Uber has agreed to protect customer data and audit the use of rider information in order to settle a complaint filed by the federal government. The Federal Trade Commission says Uber deceived customers by failing to secure data on where riders traveled and neglecting to monitor employee access to the information. (AP Photo/Seth Wenig, File)

SAN FRANCISCO: Uber Tech-nologies Inc is in exclusive talks to line up funding from four investors, but a deal, which could reach as much as US$12bil, hangs on the outcome of a courtroom brawl between two board members.

Funding would come from Japan’s SoftBank Group Corp and Chinese ride-hailing juggernaut Didi Chuxing, along with US equity firms Dragoneer Investment Group and General Atlantic, said a source.