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May 1, 2021, 10:00 am124 pts
The Next Web
News broke this week that Woven Planet, a Toyota subsidiary, will acquire Level 5, Lyft’s self-driving unit, for $550 million. The transaction, which is expected to close in Q3 2021, includes $200 million paid upfront and $350 million over a five-year period. Toyota will gain full control of Lyft’s…
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