UBER - Mergers and acquisitions

The combination of trusted services and technology solutions will reduce friction across the supply chain and enable a new era of logistics management. Uber Freight, a subsidiary of Uber Technologies, Inc. (NYSE:UBER), today announced that it has completed the acquisition of Transplace from TPG Capital for approximately $2.25 billion in an all-cash transaction. As partial financing for this transaction, Abu Dhabi Growth Fund (ADG), D1 Capital, and GCM Grosvenor invested $550 million in Uber Freight. The transaction brings together Uber Freight's vast network of digitally-enabled carriers with Transplace's trusted shipper technology and operational solutions, ultimately creating one of the

SANTA CRUZ, Calif. and SAN FRANCISCO, Dec. 8, 2020 /PRNewswire/ -- Joby Aviation, a transportation company developing an all-electric, vertical take-off and landing passenger aircraft, which it intends to operate as early as 2023, today announced that Uber Technologies, Inc (NYSE: UBER) has agreed to invest a further $75 million in Joby as part of a broader transaction involving the acquisition of Uber Elevate by Joby and an expanded partnership between the two parent companies. This investment comes in addition to a previously undisclosed $50 million investment made as part of Joby's Series C financing round in January 2020. Joby Aircraft in flight in Northern California, Phot