Group acquired SoftBank of Japan and a 20% share of the company uber, led by easing of the market capitalization of the company from 70 to $ 48 million due to the problems suffered by the company during the year.
Perhaps the big news here is not only decrease the company’s market capitalization to that limit, but the entry of big competitor to former CEO Travis Kalanick, who still needs a seat in the Board of Directors and the share of 16% of the vote.
Pursuant to the acquisition of new it may expand the Board to 17 seats instead of 11 will make SoftBank the seat to them, what reduces the effect of the former Executive Director and in the decisions of the company.
And pushed SoftBank 33$ per share and the quota that is owned by investors, early adopters, and that reflects the real value of the new company, as will a million dollars ‘ worth of shares of the company provided the former at $ 70 million.
In this way, SoftBank has included one of the major technology companies – if you will – in the world to its portfolio of huge investments such as Sprint telecommunications and the ARM processors and Boston Dynamics robots.
It is worth noting that SoftBank owns stakes in companies transfer of participatory and other suitable aweber like Didi Chuxing in China and Grab in South-East Asia and Ola in India.
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