SoftBank to move top ride-hailing stakes worth $20b to its Vision Fund

SoftBank to move top ride-hailing stakes worth $20b to its Vision Fund

Masayoshi Son Photographer: Pau Barrena/Bloomberg

Japan’s SoftBank Group plans to shift more than $20 billion of its investments in top ride-hailing companies including Uber Technologies Inc, Ola, Grab and Didi Chuxing into its Saudi-backed Vision technology fund, the Financial Times reported on Wednesday.

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