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Uber says board approves governance changes, SoftBank investment

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Reuters SAN FRANCISCO
Last Updated : Oct 04 2017 | 4:22 AM IST

SAN FRANCISCO (Reuters) - Uber Technologies Inc on Tuesday said the board of directors had voted to move forward on governance proposals and an investment by Japan's SoftBank Group Corp, which it called a vote of confidence in the ride services company.

Uber in a statement said that the governance changes would "strengthen its independence and ensure equality among all shareholders." It did not give further detail.

(Reporting By Peter Henderson; Editing by Phil Berlowitz)

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First Published: Oct 04 2017 | 4:13 AM IST

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