Uber Technologies Reports 13.5% Stake in Grab Holdings and CEO Resignation from Board
Uber Technologies, Inc. filed an amendment to its Schedule 13D regarding its investment in Grab Holdings Ltd. As of the event date on July 6, 2026, Uber maintains beneficial ownership of 535,902,982 Class A ordinary shares, representing approximately 13.5% of the outstanding Class A shares and 5.5% of the total voting power. The primary purpose of this filing is to report a change in corporate governance; Dara Khosrowshahi, Uber's Chief Executive Officer, stepped down from Grab's Board of Directors effective July 6, 2026. Following this resignation, Uber stated it is not currently engaging in active discussions with Grabβs management or board regarding business operations, strategy, or control changes. The filing indicates no other share transactions were effected by Uber or its executive officers in the 60 days preceding the filing. This update reflects a shift toward a more passive investment stance following the departure of Uber's leadership from Grab's board.