Home GRASP GRASP/Japan Uber self-driving division may receive $1B investment led by SoftBank

Uber self-driving division may receive $1B investment led by SoftBank

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Uber is in discussions to receive an investment of $1 billion lead by holding company SoftBank and automaker Toyota, Reuters and The Wall Street Journal…
Uber is in discussions to receive an investment of $1 billion lead by holding company SoftBank and automaker Toyota, Reuters and The Wall Street Journal report. The investment would reportedly be specifically in Uber’s self-driving technology department, and comes as Uber is heading towards an initial public offering of stock. The self-driving division itself would reportedly be valued at between $5 and $10 billion.

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