Tokyo, Nov 13 (EFE) .- The shares of the Japanese telecommunications giant Softbank fell 0.29% today on the Tokyo Stock Exchange, after knowing that it will invest about 10 billion dollars (8,584 million euros) in the US company Uber.
The operation is intended to finance the development of new technology for this transport platform with the aim of to boost its global expansion, as confirmed by the San Francisco-based company on Sunday.
This information generated disparate reactions among the investors of the parquet tokiota, where the titles of Softbank oscillated between the red one and the green throughout the day until closing with a recozamiento of 0,29 percent, in the 9.679 yens (73.63 euros).
Although it is one of the most successful projects in Sillicon Valley, Uber has been shaken since the beginning of the year by a series of scandals, among which it stands out a demand from Alphabet, the parent company of Google, for the supposed theft of information about its autonomous vehicles.
Moreover, since summer it has been engulfed in a power war that caused the resignation of its co-founder and former deputy director, Travis Kalanick, sued for fraud and also punctuated by accusations of sexual harassment and discrimination.
Uber's board of directors would have given Softank and the investment fund Dragoneer the green light to invest in exchange for granting the Japanese giant a fraction of the company's shares, according to the US media.
The agreement between the two companies would also include Uber's IPO for 2019.
Softbank CEO Masayoshi Son has admitted several Sometimes the company's interest in partnering with Uber, in line with the investments made by the Japanese technology in other start-ups that offer transport services such as China Didi Chuxing Technology, the Indian Wave or the Singaporean Grab.