Uber plans to sell part of stake in China's Didi Chuxing

Uber plans to sell part of stake in China's Didi Chuxing

FILE PHOTO: Chief Executive Officer Dara Khosrowshahi of ride-hailing app Uber pictured on stage during an event in New York City, New York, U.S., September 5, 2018. REUTERS/Carlo Allegri/File Photo

Uber Technologies Inc is planning to sell part of its $6.3 billion stake in Chinese ride-hailing firm Didi Chuxing to raise cash, Bloomberg News reported https://bloom.bg/2RAViKg on Thursday, citing people familiar with the matter.

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