Uber ex-CEO selling part of stake for $1.86b

Mr Travis Kalanick, then Uber CEO, speaking to students at the Indian Institute of Technology in Mumbai in January 2016. Mr Kalanick is said to own 10 per cent of the ride-services company, which means his sale will unload 2.9 per cent of Uber shares
Mr Travis Kalanick, then Uber CEO, speaking to students at the Indian Institute of Technology in Mumbai in January 2016. Mr Kalanick is said to own 10 per cent of the ride-services company, which means his sale will unload 2.9 per cent of Uber shares and earn him about US$1.4 billion (S$1.86 billion).PHOTO: REUTERS
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2 hours ago

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