SoftBank Group is also considering how to use its newly acquired 15 percent stake in ride-hailing firm Uber Technologies Inc [UBER.UL] to raise additional capital, although it is not clear if Uber would allow it, the website reported, citing a person familiar with the matter. http://bit.ly/2F9mPtU
The new funds would be in addition to billions of dollars which SoftBank has access to through the Vision Fund, the Information said.Earlier this month, SoftBank closed a deal with Uber at a discounted valuation of $48 billion for the U.S. firm and became its largest stakeholder.SoftBank had bought ARM, Britain's most valuable technology company, for $32 billion in 2016.A SoftBank spokesman declined to comment. (Reporting by Shubham Kalia in Bengaluru and Sam Nussey in Tokyo; Editing by Gopakumar Warrier)