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With IPO on the way, Uber scores $1B investment for self-driving group

With IPO on the way, Uber scores $1B investment for self-driving group

5 years ago
Anonymous $9jpehmcKty

https://www.siliconvalley.com/2019/04/19/with-ipo-on-the-way-uber-scores-1b-investment-for-self-driving-group/

Unlike many companies that are in the run-up to going public, Uber is not staying quiet.

Late Thursday, the ride-hailing giant announced that it has named Eric Meyhofer as chief executive of its Advanced Technologies Group — Uber’s self-driving car development division — and it it has taken in $1 billion in new investment in the group.