December 24，According to foreign media reports，Online ride-hailing giant 188bet online casino games announced，Co-founder of the company、Former CEO Travis Kalanick will resign from the company’s board of directors on December 31, 2019。

188bet online casino games spokesperson revealed，Kalanick has sold his 188bet online casino games shares worth about billion，will next “focus on his new business and philanthropic endeavors。”As understood，Kalanick’s new business will be related to food delivery，Related specifically to industrialized kitchens。

“In the past 10 years，188bet online casino games has always been a part of my life。As this decade draws to a close，As the company goes public，Now is the right time for me to focus on my current business and philanthropic endeavors，I’m proud of all 188bet online casino games has accomplished，will continue to cheer for its future。" Kalanick said in a statement。

2009，After two consecutive entrepreneurial failures，Kalanick, a UCLA dropout, founded 188bet online casino games with his friends。The company has grown rapidly since then，In just 5 years，Business covers six continents、More than 300 cities，The company’s valuation has reached more than 40 billion US dollars，Created the record for the highest valuation of an unlisted company at the time。

Kalanick is a controversial business founder，In order to win in the competition, we will not hesitate to challenge laws and regulations。This aggressive and wolfish style was once considered a key factor in the company's rapid development。CNBC pointed out in the report，Kalanick’s militant work style made 188bet online casino games the world’s largest ride-hailing company，Completed the revolution in the taxi industry and challenged the rules of transportation around the world。

2017，Due to a series of management scandals and internal sexual harassment incidents being exposed，The company’s discriminatory and provocative culture was made public。Under pressure，Investors demand 188bet online casino games resigns as CEO，But still retains his status as a director。After resigning as CEO，188bet online casino games was also sued by early investors，believes that it is suspected of defrauding the board of directors，Gather allies on the board，Attempt to cover up inappropriate behavior in company management，Paving the road back to CEO。

After Kalanick handed over the steering wheel of the company's operations，188bet online casino games’s misfortune has not stopped yet。Before listing，Investment banks once gave 188bet online casino games a valuation of up to US0 billion。188bet online casino games will go public in May this year，Expect to seek a valuation of US-100 billion，But the stock price fell all the way after listing，To date, the market value is only over 50 billion US dollars。188bet online casino games’s largest investor, SoftBank Vision Fund, also suffered heavy losses as a result。

Ten years of establishment，188bet online casino games still not profitable。Latest financial report data display，188bet online casino games revenue in the third quarter of 2019 was 38.USD 1.3 billion，30% year-on-year increase。But at the same time, the net loss was 11.USD 6.2 billion，18% year-on-year expansion。

Now，188bet online casino games brings US billion，Invest in the next entrepreneurial project。

*thisTextSource: interface, Author: Zhou Yixue, originalTitle：《188bet online casino games founder Kalanick completely leaves 188bet online casino games，Cash out US billion》.