Uber announces $1 billion investment into its self-driving car group, weeks before going public

Uber announces $1 billion investment into its self-driving car group, weeks before going public

5 years ago
Anonymous $9jpehmcKty

https://www.cnbc.com/2019/04/18/uber-nabs-1-billion-self-driving-car-investment-from-softbank-others.html

Uber has announced a deal for a $1 billion investment in its self-driving vehicle unit, just weeks before its initial public offering.

Toyota and Japanese auto-parts supplier Denso will together invest $667 million, while Softbank's Vision Fund will invest $333 million. SoftBank is already Uber's largest shareholder and Toyota invested $500 million last year.