Uber mulls selling minority stakes in its costly self-driving car unit


Uber Technologies Inc is considering selling minority stakes in its costly self-driving car unit as the ride-hailing company tries to address rising cost pressures ahead of its initial public offering, the Financial Times reported on Wednesday.

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,.....

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