The media quoted people familiar with the matter as saying,SoftbankPassing throughGoldman SachsIt sold its $2.1 billion Uber Technologies Inc. shares in a bulk transaction.

SoftBank is Uber's largest investor, holding 184 million shares as of March 31.

People familiar with the matter, who asked for anonymity because the matter was not disclosed, said SoftBank plans to sell 45 million shares for 44.15-46.14 US dollars. Uber's stock price fell 5.1% in after-hours trading, and its competitor networkLyftInc. fell 0.9%.

Based on the latest closing price, this big deal is worth around $2.1 billion. The above price range is up to a 4.3% discount from Wednesday's closing price.

Uber will announce quarterly results after the market closes on August 4, that is, one week later.