YOUR BUSINESS AUTHORITY

Springfield, MO

Log in Subscribe

Uber co-founder plans to sell 29% of stake

Posted online

Travis Kalanick, co-founder and former CEO of Uber, plans to sell 26 percent of his stake in the firm, sources familiar with the matter told Bloomberg.

Kalanick would net $1.4 billion in the transaction with SoftBank and other Uber investors, according to the sources.

The former CEO currently owns about 10 percent of the ride-hailing company.

Read more from Bloomberg.

Comments

No comments on this story |
Please log in to add your comment
Editors' Pick
Fall 2026 Architects & Engineers Project Report

This installment of Springfield Business Journal’s Architects & Engineers Project Report showcases 26 endeavors by area design and engineering professionals.

Most Read
Update cookies preferences