———2:30 p.m.Travis Kalanick, the former CEO who resigned in 2017 under pressure from the board, is one of Uber's largest shareholders, owning nearly 9% of the ride-hailing company's stock. Alphabet, the parent company of Google, owns 5% of the company, even as it competes with Uber on self-driving technology. Cayman, a subsidiary of Softbank, is Uber's largest shareholder with 16%. Documents released Thursday offered the most detailed view of the world's largest ride-hailing service since its inception a decade ago. The unveiling comes four months after Uber took its first step toward its initial public offering with a confidential filing.
Source: ABC News April 11, 2019 21:11 UTC