Sequoia, Tencent, TPG may invest in Uber alongside SoftBank
Venture capital firm Sequoia Capital is looking to increase its stake in app-based cab aggregator Uber alongside SoftBank, according to reports. The other investors on the list include China's Tencent and US-based venture capital firm TPG Growth. Earlier, the SoftBank-led investors reportedly valued Uber at about 30% less than its current value, aiming for a 14% ownership in the company.