SoftBank Group Corp.’s Vision Fund, the world’s largest technology investor, is set to be a big winner on Uber Technologies Inc.’s blockbuster IPO this week, with a paper profit of roughly $3 billion in about 16 months.
Uber is currently anticipating a valuation of about $80 billion and $90 billion when its shares begin trading Friday. When SoftBank bought into the company in early 2018, writing a $7.7 billion check for a roughly 15% stake, Uber had been reeling from a series of crises and was valued at around $48 billion....
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