Uber Approves SoftBank's Investment Offer

Uber Approves SoftBank's Investment Offer

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Business

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The transcript discusses a major investment deal between SoftBank and Uber, where SoftBank plans to invest $1 billion in fresh capital and purchase $9 billion in stock from existing investors. This deal aims to reduce the influence of former CEO Travis Kalanick and improve Uber's competitiveness by leveraging SoftBank's global portfolio. The pricing of shares will be determined through an auction process, and the deal is still in preliminary stages.

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5 questions

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1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What was SoftBank considering before reaching preliminary terms with Uber?

Partnering with a logistics company

Acquiring a stake in a European ride-hailing company

Investing in Uber's competitor, Lyft

Investing in a new technology startup

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the total amount SoftBank and other investors plan to invest in Uber?

$2 billion in fresh capital and $8 billion in stock

$5 billion in fresh capital and $5 billion in stock

$1 billion in fresh capital and $9 billion in stock

$10 billion in fresh capital

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What governance change is expected with SoftBank's investment in Uber?

Merging with another ride-hailing company

Decreasing the influence of the ex-CEO

Appointing a new CEO

Increasing the influence of the ex-CEO

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

How will the price for the $9 billion stock purchase be determined?

Through a fixed price agreement

Via a public stock exchange

Through an auction process

By mutual agreement between SoftBank and Uber

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What strategic advantage does SoftBank's investment bring to Uber?

A merger with SoftBank's other portfolio companies

A monopoly in the ride-hailing market

Exclusive rights to SoftBank's technology

Access to SoftBank's global ride-hailing network