Uber comes of age with SoftBank tieup


SAN FRANCISCO: Uber’s tieup with Japanese tech giant SoftBank suggests the ridesharing giant is set to come of age in the business world, but it still faces a long road ahead. 

The deal is giving the world’s most valuable startup an additional US$1bil (RM4.18bil) in capital and could allow SoftBank to acquire as much as 14% of Uber over time. 

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