SoftBank offers to buy Uber shares at 30% discount: Report
Japan's SoftBank-led team of investors has offered to buy shares of cab aggregating startup Uber at 30% less than its current value, according to reports. SoftBank's offer will value Uber at $48 billion, compared to its recent valuation of $69 billion. If the deal goes through, the SoftBank-led coalition would buy at least 14% of Uber shares from existing investors. 