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Uber considers minority investors for self-driving car unit

Updated : October 17, 2018 11:12 AM IST

Uber received interest from potential investors and could spin off its Advanced Technologies Group into a separate business unit with its own valuation and equity, FT reported, citing people familiar with the matter.
Uber will retain operational control and majority ownership of the unit, but external partners could share the cost of developing and eventually commercializing self-driving technology, the newspaper said.
Uber considers minority investors for self-driving car unit

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