Uber will invest 'aggressively' in SE Asia after SoftBank deal | Bangkok Post: business - News Summed Up

Uber will invest 'aggressively' in SE Asia after SoftBank deal | Bangkok Post: business


Brooks Entwistle, chief business officer of Uber Asia Pacific, Siripa Jungsawat, Uber Thailand general manager and Hudsadin Eamsherangkul, deputy managing director of Howa International are seen on Dec 13, 2017. SoftBank's 15% stake purchase in Uber last month has opened up the possibility of combining Uber with other ride-hailing assets the Japanese group owns across Asia. Uber is preparing to sell its Southeast Asia ride-hailing business to Grab in return for a substantial stake in the company, CNBC reported earlier this month, citing sources familiar with the matter. But Dara Khosrowshahi seemed to dismiss that strategy on Thursday in his first official visit to Asia since he became Uber CEO last year. He said he does not expect any change in Uber's India operations following the deal with SoftBank.


Source: Bangkok Post February 22, 2018 10:07 UTC



Loading...
Loading...
  

Loading...

                           
/* -------------------------- overlay advertisemnt -------------------------- */