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I beg to differ. In Southeast Asia for example, Softbank invested in both Uber and Grab, the two of its biggest ride sharing companies. Having leverage in both,

I beg to differ. In Southeast Asia for example, Softbank invested in both Uber and Grab, the two of its biggest ride sharing companies. Having leverage in both, Uber then was shut down in favor of Grab ultimately eliminating competition. Doesn't seem like a weird investment strategy at all.

ulfw 7y ago
And how has that turned out for everyone? Are customers happy? Has it led Grab to be profitable now? Is Softbank getting returns for their billions of Uber AND Grab investments or do they have to invest even more billions?