SoftBank Vision Fund is selling $245m of shares while PayPal is investing $500m in the ride hailing service, in the world's largest IPO since 2014.
Uber, the US-based on-demand ride service backed by a range of corporate investors, will raise $8.1bn when it floats on the New York Stock Exchange today.
The company priced 180 million shares at $45.00 each yesterday, near the foot of the $44 to $50 range it set late last month. It is the largest initial public offering since e-commerce firm Alibaba raised $25bn in 2014, and values Uber at $82.4bn.
Digital payment services firm PayPal is buying an…
