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Uber Offloads Another Unit — To Sell Air Taxi Business To Joby Aviation
Tuesday, December 8, 2020 - 10:38pm | 301Read More...Uber Technologies Inc (NYSE: UBER) is selling its air taxi unit Uber Elevate to Joby Aviation, the two companies confirmed in a statement Tuesday. What Happened: Joby Aviation said that the ride-hailing company will make an additional $75 million investment, as part of the merger deal....
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Uber Nears Deal To Sell Self-Driving Air Taxi Unit To Joby: Axios
Thursday, December 3, 2020 - 3:05am | 413Read More...Uber Technologies Inc (NYSE: UBER) is nearing a sale of its air taxi business segment, according to Axios. The discussions with California-based aerospace startup Joby Aviation have progressed to advanced levels and, if successful, could be officially announced sometime this month. ...
