Uber’s net loss widened to $1.46 billion last quarter, SoftBank reveals
November 28, 2017 at 22:38 PM EST
SoftBank Group Corp. took a key step forward in its planned multibillion-dollar investment in Uber Technologies Inc. by providing existing shareholders in the ride-hailing giant with details of its offer to buy shares from them at a roughly 32% discount to Uber’s most recent valuation.