Tag Archives: Softbank

Ride and Cost Sharing: Toyota, DENSO and SoftBank Vision Fund Invest $1 Billion in Uber’s Advanced Technologies Group

The investment, in a newly formed ATG corporate entity, aims to accelerate the development and commercialization of automated ridesharing services. Under the terms, Toyota and DENSO will together invest $667 million and SVF will invest $333 million, valuing the new Uber ATG entity at $7.25 billion on a post-money basis. Continue reading

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