Thursday, July 29, 2021

Sources: SoftBank is preparing to sell about one-third of its stake in Uber, or 45M shares, to cover its Didi losses; SoftBank has lost ~$4B on Didi (CNBC)

CNBC:
Sources: SoftBank is preparing to sell about one-third of its stake in Uber, or 45M shares, to cover its Didi losses; SoftBank has lost ~$4B on Didi  —  - Investors have pushed down Didi shares on concerns that the Chinese government was planning to impose fines on the company.



No comments:

Post a Comment

Google appeals the European Commission's DMA mandates to open up Android at the EU General Court, arguing the requirements threaten user privacy and security (Samuel Stolton/Bloomberg)

Samuel Stolton / Bloomberg : Google appeals the European Commission's DMA mandates to open up Android at the EU General Court, arguin...