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Toyota's investment in Uber values the company at $72 billion

995 views 11 replies 11 participants last post by  Stevie The magic Unicorn 
#1 ·
With a partnership in developing autonomous-vehicle technology, Toyota is investing $500 million into Uber, as reported by the Wall Street Journal. Mr. Khosrowshahi has stated, "Uber's advanced technology and Toyota's commitment to safety and its renowned manufacturing prowess make this partnership a natural fit." Although the technology company, Uber, has was previously valued at $69 billion, this investment round will value Uber at $72 billion. Uber has also discussed selling self-driving tech to Toyota.

https://www.businessinsider.com/toyota-to-invest-500m-in-uber-at-72b-valuation-report-2018-8
 
#10 ·
#11 · (Edited)
Slap a payment option on Google Maps. BAM ! You got Google rideshare. 72 billion? No freaking way. They get a company like Apple or Amazon getting into the game they're going to have to do something to justify that valuation. Lyft was testing out self-driving technology in some abandoned military base in California. Guess who else was looking at a military base. Apple ! This article was back in 2015. I never forget anything.
https://www.businessinsider.com/inside-the-gomentum-station-2015-8

Millitary bases must be great for testing self driving cars for Apple. I mean Lyft. I mean Apple :/
https://www.engadget.com/2018/03/09/lyft-test-autonomous-cars-gomentum/
 
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