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News, Analysis & Perspective on Autonomous Vehicles

What Uber really gets from selling a $1 billion stake

There’s more going on under the hood of a consortium’s planned $1 billion investment in Uber Technologies Inc.’s self-driving car unit than immediately meets the eye. Softbank Group Corp.’s Vision Fund and other investors are set to pump that amount into the division at a valuation of between $5 billion and $10 billion.

https://www.bloomberg.com/opinion/articles/2019-03-14/what-uber-softbank-get-from-1-billion-self-driving-stake-sale

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