Toyota, DENSO and SoftBank Invest $1 Billion in Uber

SAN FRANCISCO and TOKYO :  Toyota, DENSO and the SoftBank Vision Fund (SVF) announced today that they will invest $1 billion in Uber Technologies Inc.’s Advanced Technologies Group (Uber ATG). The investment, in a newly formed ATG corporate entity, aims to accelerate the development and commercialization of automated ridesharing services ...

Careem will become a wholly-owned subsidiary of Uber

SAN FRANCISCO ,DUBAI ,Cairo – Eco – Fady Labib : uber issued a press release on the merger of careem said:  Uber and Careem have reached an agreement for Uber to acquire Careem for $3.1 billion, consisting of $1.7 billion in convertible notes and $1.4 billion in cash ...