SoftBank eying stake in Uber or Lyft
CEO Son undecided which company to initiate talks with
Japanese tech and telecom giant SoftBank said it is looking at future investments in Uber or Lyft, following a sharp rise in quarterly profits.
“We are interested in discussing with Uber, we are also interested in discussing with Lyft, we have not decided which way,” SoftBank’s CEO and founder Masayoshi Son was quoted by Reuters as saying.
“Whether we decide to partner and invest into Uber or Lyft, I don’t know what will be the end result,” he told reporters at SoftBank’s first-quarter earnings briefing on Monday.