Benchmark to sell 15% of Uber stock for $900 million: Report
Uber's early investor Benchmark Capital will sell about 15% of its stock in the ride-hailing startup for $900 million to SoftBank and other buyers, according to reports. Uber's Co-founder Travis Kalanick is reportedly also planning to sell 29% of his Uber stake for about $1.4 billion. Earlier, reports suggested that SoftBank-led investors bought Uber shares at $48 billion valuation.