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Travis Kalanick

Uber to sell Southeast Asia business to rival Grab: Sources

Uber to sell Southeast Asia business to rival Grab: Sources

Mon, Mar 26, 2018

Uber, which is preparing for a potential initial public offering in 2019, lost $4.5 billion last year and is facing fierce competition at home and in Asia, as well as a regulatory crackdown in Europe.

Uber ex-CEO Kalanick plans to sell 29% of stake: source

Uber ex-CEO Kalanick plans to sell 29% of stake: source

Fri, Jan 05, 2018

Kalanick`s sale is part of a deal with a group of investors led by SoftBank Group Corp, which is taking a 17.5% stake in Uber, mostly by buying shares from early investors and employees. SoftBank last week secured agreements from shareholders who were willing to sell, and the deal will close early this year, Uber said.

Uber agrees to settle U.S. lawsuit filed by India rape victim

Uber agrees to settle U.S. lawsuit filed by India rape victim

Sat, Dec 09, 2017

Uber Technologies Inc and a woman who accused top executives of improperly obtaining her medical records after a company driver raped her in India have agreed to settle a civil lawsuit the woman filed against Uber in June, according to a U.S. federal court filing on Friday.

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Ride-share battle ends with Didi buying Uber China operations

Ride-share battle ends with Didi buying Uber China operations

Mon, Aug 01, 2016

Since Uber launched its China operations little more than two years ago both companies have spent billions of dollars on subsidies for drivers and passengers in China, as well as trading vitriolic accusations, as they fought for dominance in the potentially lucrative market.

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