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Toyota invests $500 million into Uber

Tuesday, August 28, 2018, 11:42 AM

Uber has extended its partnership with Toyota and raised $500 million from the Japanese automaker, reportedly valuing the SoftBank-backed ride-hailing startup at $72 billion. Toyota Sienna minivans will be equipped with Uber's self-driving technology and piloted on Uber's networks from 2021. However, the minivans will be owned and operated by a third party in the new business model for Uber.
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Warren Buffett may invest up to Rs 2,500 crore in Paytm: Report

Monday, August 27, 2018, 4:33 PM

World's third richest man and Berkshire Hathaway Chairman Warren Buffett is reportedly set to invest around Rs 2,500 crore in One97 Communications, the parent company of digital payments startup Paytm. If the deal goes through, it will be Buffett's first direct investment in an Indian company. Notably, Buffett's Berkshire Hathaway also owns around 5% of stock in Apple.
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SoftBank may put $750 Million in Startup That Sells Robot-Made Pizza

Thursday, August 9, 2018, 12:21 PM

Japan's SoftBank is reportedly in talks to invest $500 million to $750 million in Zume, a US-based startup that makes and delivers pizzas with the help of robots. Zume holds a patent for delivery trucks equipped with robots and ovens to cook en route delivery. Earlier this year, SoftBank also invested $535 million into US-based meal delivery app DoorDash.

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