SoftBank to move ride-hailing stakes worth $20 billion to Vision Fund: FT

April 25, 2018 admin Business News Comments Off on SoftBank to move ride-hailing stakes worth $20 billion to Vision Fund: FT

(Reuters) – Japan’s SoftBank Group plans to shift more than $20 billion of its investments in top ride-hailing companies including Uber Technologies Inc [UBER.UL], Ola, Grab and Didi Chuxing into its Saudi-backed Vision technology fund, the Financial Times reported on Wednesday.

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Source:: Reuters – Business News