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SoftBank, other investors negotiating to invest $ 1 billion in Uber's self-propelled unit



A consortium that includes the SoftBank Group is in late talks about investing $ 1 billion or more in Uber Technologies Inc.'s self-propelled vehicle unit, according to people familiar with the talks, a move that would help the trip, making a business move investors ahead of their eagerly anticipated IPO.

Under the terms discussed, SoftBank's Vision Fund and other investors, including at least one unnamed auto maker, will take a minority stake in the unit for a valuation of between $ 5 billion and $ 10 billion, the people …


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