$TM Quote: "Toyota…to invest ~$500M in Uber Technologies Inc. as part of an agreement by the two companies to work jointly on driverless-vehicle development, according to people familiar with the matter.

Toyota’s investment values Uber at about $72 billion, slightly higher than where SoftBank Group Corp. valued the ride-hailing company earlier this year with its funding."

https://www.wsj.com/articles/toyota-investing...1535393774

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