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SoftBank set to take driver’s seat in Ola
Japanese investment giant SoftBank is close to acquiring an additional 10-12 per cent stake in ANI Technologies, the parent company of Ola, to increase its holding in the ride-hailing firm to around 50 per cent ahead of its planned investment in global rival Uber. 199 more words
Uber has agreed to move forward with the long-anticipated SoftBank Group investment, a spokesperson confirms to TechCrunch.
We’ve been provided the following statement.
“We’ve entered into an agreement with a consortium led by SoftBank and Dragoneer on a potential investment. 741 more words