Uber's Kalanick mulls sale of 29% of his stake in ride-hailing giant

Uber's Kalanick mulls sale of 29% of his stake in ride-hailing giant

Travis Kalanick. Photographer: Krisztian Bocsi/Bloomberg

Former Uber Technologies Inc. Chief Executive Officer Travis Kalanick, who has long boasted that he’s never sold any shares in the company he co-founded, plans to sell about 29 percent of his stake in the ride-hailing company, people with knowledge of the matter said.

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