Toyota acquires Lyft's self-driving unit for $500 million
By Vivian in Business
Updated 3 years ago
TOKYO -- Toyota Motor Corp. has acquired the self-driving division of American ride-hailing company Lyft for $500 million, in a move that underlines the Japanese automaker's ambitions in that technology. The acquisition, announced Tuesday, was carried out by Woven Planet Holdings, a Toyota subsidiary that began business in January and...