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Softbank, Uber and other major deficit-affiliated companies intervened in clashes

SOFTBANK had finally boiled down the business as the portfolio companies competed and accumulated huge deficits, and intervened secretly, including exploring possible mergers. In any case, the company said last year that it was working to consolidate the merger of Uber and DoorDash, according to an article from the Financial Times on January 30. At this time, the merger negotiations were not completed. Both companies have received significant investment from SoftBank [SoftBank Vision Fund 1] and are competing fiercely in the food delivery business. Uber. [TagsToTranslate] Engadget

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