Uber Technologies Inc is nearing a deal with a group, including SoftBank Group Corp, to invest in its self-driving car unit to be valued at US$7.25bil (RM30.15bil), the Wall Street Journal reported on Wednesday, citing people familiar with the matter.
SoftBank, Toyota Motor Corp and Japanese auto-parts supplier Denso Corp are expected to invest a total of US$1bil (RM4.15bil) as part of the deal, which could be announced in the next few days, the report said.
Already a subscriber? Log in.
Subscribe to win RM50 Touch 'n Go e-Voucher! More Info
Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!