Uber sells its ‘flying taxi’ business to startup Joby

📆 12/9/2020 1:48 AM
📰 MarketWatch

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A day after unloading its self-driving vehicle unit, Uber on Tuesday parted ways with its “flying taxi” business.

A day after unloading its self-driving vehicle unit, Uber Technologies Inc. on Tuesday parted ways with its “flying taxi” business.

Joby was founded in 2010, has raised about $820 million in funding and is valued at about $2.6 billion, according to PitchBook. It’s focused on making all-electric, four-passenger, vertical-takeoff-and-landing aircraft and intends to roll out an “affordable” air taxi service as soon as 2023.

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reality check time apparently RWMann

Basically, their most innovative businesses.

good luck

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