Uber co-founder Travis Kalanick steps down as CEO

His exit came under pressure from the company's investors

Uber Technologies Inc co-founder Travis Kalanick stepped down as chief executive of the ride-hailing service, the New York Times reported on Wednesday.

Kalanick's exit came under pressure from Uber's investors, who were seeking his exit, the paper reported citing people with knowledge of the situation.

Uber was not immediately available to comment outside regular US working hours.