Uber to sell its European freight business in an all-stock transaction to Berlin-based logistics startup Sennder, source says for less than $1.1B (Sarah Syed/Bloomberg)

Sarah Syed / Bloomberg:
Uber to sell its European freight business in an all-stock transaction to Berlin-based logistics startup Sennder, source says for less than $1.1B  —  - Uber to take minority stake in Sennder as part of deal  — Deal said to value unit at less than 900 million euros

via Techmeme