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.

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

Aug 15, 2018, 3:57pm UTC
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.