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Analysts expected the benchmark to drop below 18,000 level soon as the continued spread of H1N1 influenza virus also weighed on investment sentiment.
The letter says Pishevar has "tried in every way possible to convince my friends at Benchmark to drop this lawsuit, to end their public campaign against the founder and the company and to divest their shares under a proposal which would reward them hugely for their investment".
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If the deal goes through, Benchmark has agreed to drop the lawsuit, so long as Kalanick gets board approval for future board appointments.
News of Japan's slower-than-expected growth rate caused the benchmark Nikkei index to drop about 1%.
If the deal gets done, investor Benchmark Capital has agreed to drop its lawsuit against former CEO Travis Kalanick.
Sources tell us that investor Benchmark Capital has agreed to drop the lawsuit against Kalanick if the SoftBank deal goes through.
In October, the Shanghai benchmark index dropped to a four-year low.
Last week, he penned a letter to Uber's board, demanding that Benchmark Capital drop its lawsuit against former CEO Travis Kalanick.
This time, he penned a letter to Uber's board, demanding that Benchmark Capital drop its lawsuit against former CEO Travis Kalanick.
The premium that investors demand to hold Irish 10-year debt over benchmark German bunds dropped to 538 basis points, reversing an earlier increase and 3 points narrower on the day.
Once the transaction is completed, Benchmark will drop its lawsuit against former Uber CEO Travis Kalanick.
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