SoftBank and Toyota intend to invest $1 billion in the unit dealing with drones


Reuters, referring to informed sources, reported that negotiations were held by a group of investors led by Japanese companies SoftBank and Toyota Motor on investments of about $1 billion in the unmanned driving unit of Uber Technologies, wrote. As previously reported, the taxi order service Uber Technologies was planning an IPO, for which they had filed a preliminary application in December 2018. If the company manages to attract additional investments following negotiations with Japanese companies, this will only increase its attractiveness for investors. According to The Wall Street Journal, following the results of the planned IPO, the taxi order service can be estimated at 120 billion dollars.

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