Uber told by investors to sell self-driving unit: The Information

Uber told by investors to sell self-driving unit: The Information

6 years ago
Anonymous $oIHRkISgaL

https://www.reuters.com/article/us-uber-selfdriving/uber-told-by-investors-to-sell-self-driving-unit-the-information-idUSKBN1L01JM

Investors have told Uber Technologies Inc [UBER.UL] it would be wise to sell off its self-driving car unit after it racked up losses of $125 million to $200 million each quarter for the past 18 months, tech news site The Information reported on Wednesday, citing an unnamed person familiar with the issue.