Uber Selling Shares?

There are a lot of talks about the said company having troubles when it comes to their services. They are having problems with their drivers and they are trying to “rebuild the love” with the drivers. Link of this news can be found here: https://technewsgadget.net/2017/12/uber-company-tries-to-rebuild-love-with-its-drivers/.

Now, there are whispers that the company is going to sell its shares to different investors.

With lots of disadvantages going on in the company, it’s not going to be a shock if something huge is going to happen.

But investors are saying that the price of the company’s shares are “too expensive”.

Overpriced — is the word that investors used to describe the offer.

Recently, two Uber stakeholders sold their private shares to a group led by Japanese technology Softbank.

The group led by SoftBank and Dragoneer Investment Group wants to buy at least 13.4% of Uber shares.

Comments from the companies involved in this deal are still being waited for.