Uber & SoftBank Close $9 Billion Deal

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This past Thursday it was announced that Uber had finally closed its anticipated SotfBank $1.9 Billion investment deal. In the process, SotBank have purchased existing and new shares of the company worth over $9.3 Billion, including 30% of all founder Travis Kalanick's shares.

"This is a great outcome for our shareholders, employees and customers, strengthening Uber's governance as we double down on our technology investments and continue to bring our services to more people in more places around the world." said a representative of Uber.

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