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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.

Boardroom battle could wreck Uber's bid to land another round of funding

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