Uber’s board of directors approved new rules on Tuesday to level the playing field between the power wielded by founders and employees and other sharholders. And the ride-hailing company agreed to proceed with a massive investment by Japan’s Softbank.
Here is Uber’s statement:
“Today, after welcoming its new directors Ursula Burns and John Thain, the Board voted unanimously to move forward with the proposed investment by SoftBank and with governance changes that would strengthen its independence and ensure equality among all shareholders. SoftBank’s interest is an incredible vote of confidence in Uber’s business and long-term potential, and we look forward to finalizing the investment in the coming weeks.”
This story is developing.
Het bericht Uber board says it approved ‘equality’ among shareholders and will move forward with Softbank deal verscheen eerst op Business Insider.