Self-driving Uber vehicles parked in front of the Uber office in Dallas on Tuesday, October 9, 2019. Photo: Lynda M. Gonzalez/The Dallas Morning News/TNS
Uber sells self-driving car unit to Aurora and takes start-up stake after pandemic crushes revenue
- By adding Uber’s self-driving car unit, Aurora will gain hundreds of engineers and access to one of the world’s largest ride-hailing networks
- In exchange for investing US$400 million in Aurora, Uber will get a 26 per cent ownership stake in the company
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Self-driving Uber vehicles parked in front of the Uber office in Dallas on Tuesday, October 9, 2019. Photo: Lynda M. Gonzalez/The Dallas Morning News/TNS