Uber Sells Stake to SoftBank, Valuing Ride-Hailing Giant at $48 Billion by MIKE ISAAC

The deal is a notable drop from the $70 billion valuation Uber once commanded, and is a humbling coda on a rough year for the company, which has been rocked by a series of scandals.

Published: December 28, 2017 at 01:00AM

from NYT Technology https://ift.tt/2EbkBun