Tag: Big discount

Uber investors sell at big discount, but still make billions

Investors in the Uber ride-hailing service didn’t get all they wanted in selling at least part of their holdings to a group led by Japanese technology conglomerate SoftBank. But don’t show them too much sympathy. Even though they sold at roughly a 30 per cent discount from what the shares were worth in 2016, those …

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January 3, 2018