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by Tyler Durden Wednesday, Jul 28, 2021 - 09:44 PM Almost two years ago, before the world s central banks coordinated to inject tens of trillions of liquidity into the financial system under the pretext of fighting a virus, we said that Masa Son s Japanese bizarro conglomerate SoftBank will one day be the bubble era s Short of the Century, and we still stand by this suggestion. And stories like this is why. Late this afternoon, Uber stock took a 5% tumble and nobody knew why - there was no news that sparked the dump. Only later did we learn what caused the sale: according to CNBC, SoftBank sold a third of its stake in Uber in a block sale to cover losses on its investment in Chinese ride-hailing company Didi, which earlier this week plunged as much as 50% from its recent IPO price of $14. Sources said that SoftBank was selling 45 million shares, which will have a 30-day lockup, at a price of $44.15 to $46.14 each, using Goldman as agent.

United statesSoftbank uberMasayoshi sonSoftbank vision fundMasa sonBank vision fundஒன்றுபட்டது மாநிலங்களில்சாப்ட் பேங்க் உபேர்சாப்ட் பேங்க் பார்வை நிதிசாப்ட் பேங்க்மாசா மகன்வங்கி பார்வை நிதி