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December 8, 2020 10:15 pm GMT
Original Link: http://feedproxy.google.com/~r/Techcrunch/~3/N0h5RY8HjTw/
Uber sells air taxi business Elevate to Joby Aviation, shedding its last moonshot
Uber has offloaded its air taxi enterprise Elevate to Joby Aviation, the last of several moonshots to be sold by the ride-hailing company in a pursuit to stick to its core business and reach profitability. The transaction announced Tuesday is part of a complex deal that includes Uber investing $75 million into Joby and an […]Original Link: http://feedproxy.google.com/~r/Techcrunch/~3/N0h5RY8HjTw/
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