Announced
Completed
Financials
Sources
Tags
Acquisition
United States
mobility services
Private
Transportation Services
Completed
Private Equity
Synopsis
Toyota Motor, DENSO and the SoftBank Vision Fund invested $1bn in Uber’s Advanced Technologies Group. “This investment and our strong partnership with the Toyota Group are a testament to the incredible work of our ATG team to date, and the exciting future ahead for this important project, alongside great partners. The development of automated driving technology will transform transportation as we know it, making our streets safer and our cities more livable. Today’s announcement, along with our ongoing OEM and supplier relationships, will help maintain Uber’s position at the forefront of that transformation." Dara Khosrowshahi, CEO of Uber.
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