Toyota reportedly set to invest $500 million in Uber at a valuation of $72 billion
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Toyota reportedly set to invest $500 million in Uber at a valuation of $72 billion

It's a significant jump from Uber's most recently stated valuation of $62 billion. The new investment is tied to an autonomous driving partnership, WSJ reported. In June, Toyota invested $1 billion in Southeast Asian Uber-rival Grab.
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Mon, Aug 27 20184:19 PM EDT