Bloomberg Technology

Lyft President Zimmer Discusses Self-Driving Unit Sale

Apr.26 — Lyft Inc. Co-Founder and President John Zimmer discusses the company’s decision to sell its self-driving division to a subsidiary of Toyota Motor Corp., and the prospects for autonomous vehicles. The deal is worth $550 million and will allow Lyft to turn an adjusted profit in the third quarter of this year, the company said. Zimmer speaks…

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Apr.26 — Lyft Inc. Co-Founder and President John Zimmer discusses the company’s decision to sell its self-driving division to a subsidiary of Toyota Motor Corp., and the prospects for autonomous vehicles. The deal is worth $550 million and will allow Lyft to turn an adjusted profit in the third quarter of this year, the company said. Zimmer speaks with Ed Ludlow on “Bloomberg Daybreak: Asia.”

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  1. Fintech

    April 27, 2021 at 12:58 am

    Lol

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