Uber is willing to sell the part of its stake in Didi for 6,3 billion

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Uber is willing to sell the part of its stake in Didi for 6,3 billion

22.09.2020 News

Taxi service Uber Technologies Inc. wants to sell the part of its stake in the Chinese taxi ordering service Didi Chuxing worth $ 6.3 billion, writes Bloomberg agency.

According to sources, Uber is negotiating the sale of shares in Didi with Japanese company SoftBank Group, which is the major shareholder in both companies. “Although various scenarios are being discussed, one of the option is to involve combining with other SoftBank investors for the acquisition of a minority of the 15 percent share in the Uber to Didi “, – writes the agency.

According to the interlocutors of the agency, Uber is beginning to get rid of minority stakes to raise the funds. In the first quarter the company has reduced its stake in Didi to package worth $ 6.3 billion from $ 8.2 billion. At the same time, the entire Didi company is estimated at $ 56 billion.

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