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Business News » World News

Uber says board approves governance changes, SoftBank investment

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Updated: Wed, Oct 04, 2017
04:07 am
Reuters
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Expert Views: BIG! India's retail inflation eases to 4.59% in December Expert Views: BIG! India's retail inflation eases to 4.59% in December

Uber Technologies Inc on Tuesday said the board of directors had voted to move forward on governance proposals and an investment by Japan`s SoftBank Group Corp, which it called a vote of confidence in the ride services company.

Uber in a statement said that the governance changes would "strengthen its independence and ensure equality among all shareholders." It did not give further detail.

(This article has not been edited by Zeebiz editorial team and is auto-generated from an agency feed.)

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