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Dec 29, 2017

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

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.

from NYT > Technology http://ift.tt/2DrL9GG

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