Boardroom battle could wreck Uber's bid to land another round of funding
China Daily | Updated: 2017-08-18 09:23
Uber Technologies Inc is in exclusive talks to line up funding from four major investors.
But a deal, which could involve as much as $12 billion, hangs on the outcome of a courtroom brawl between two board members.
Funding would come from Japan's SoftBank Group Corp and Chinese ride-hailing juggernaut Didi Chuxing, along with the United States-based equity firms Dragoneer Investment Group and General Atlantic, according to people familiar with the matter.
Photo