Uber is biggest loser as SoftBank counts IPO returns

Uber Eats will be more accountable for delivery issues, easing the burden on restaurants.

Already this year, SoftBank’s fund has invested in the U.K.’s Greensill, and OakNorth Bank Plc, as well as a pending deal in German payments company Wirecard AG.

Building up Uber Eats could be the company’s best chance, for now, to capture revenue in the world’s third-largest economy.

The technology conglomerate reported a leap in profits at its first $100 billion fund. But, much of the gains are paper profits, with its unrealized gains in the first quarter totalling 604 billion yen.