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A SoftBank executive stresses they're not just throwing around cash when it comes to ride hailing
Speaking at a conference at Harvard Business School, SoftBank Managing Director Deep Nishar swatted away any talk about such a deal, saying he can't comment on those things. Strategically, though, Nishar said SoftBank's approach isn't to bet on every odd number on the roulette table. We have invested in the market leaders in the ride-hailing business in India, in Southeast Asia, in China, he said. In the US we have not made any investments, whether it be in Uber or in Lyft.
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