Uber investors agree to sell stock in $9b SoftBank-led deal

Uber investors agree to sell stock in $9b SoftBank-led deal

A driver for the Uber Technologies Inc. ride-hailing service uses the company's app on a smartphone in an arranged photograph in Singapore, on Monday, Oct. 31, 2016. Photographer: Ore Huiying/Bloomberg

Uber Technologies Inc. shareholders agreed to sell a sizable stake in the ride-hailing leader to an investor group led by SoftBank Group Corp., allowing the Japanese conglomerate to amass a piece of the company at a steep discount to the last valuation.

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