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Uber may sell stake in self-driving unit

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Uber Technologies Inc. may sell a minority stake in its self-driving unit before its initial public offering.

SoftBank Group and others are in late-stake talks to invest $1 billion into the self-driving business.

If they do, the investors would take a minority stake in the unit with a valuation of up to $10 billion, people familiar with the matter told The Wall Street Journal.

Read more from The Wall Street Journal.


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