The Alphabet unit has already divested part of its stake in publicly-listed Uber to SoftBank at a $48bn valuation but is considering selling the rest from next month.
GV, a corporate venturing subsidiary of internet and technology provider Google, is considering divesting its entire remaining stake in US-based, publicly-listed ride hailing service Uber, CEO David Krane told TechCrunch on Friday.
Uber floated in an $8.1bn initial public offering in May this year after pricing its shares at $45.00 each, but its share price has since dipped below $30. GV invested $258m as part of a $361m round in 2013 that valued it at $3.5bn, and backed…
