Lyft says it’s promoting its self-driving unit, referred to as Lyft Degree 5 with ~300 workers, to Toyota's Woven Planet Holdings subsidiary for $550M (Kirsten Korosec/TechCrunch)




Kirsten Korosec / TechCrunch:

Lyft says it’s promoting its self-driving unit, referred to as Lyft Degree 5 with ~300 workers, to Toyota’s Woven Planet Holdings subsidiary for $550M  —  Trip-hailing firm Lyft has bought off its autonomous automobile unit to Toyota’s Woven Planet Holdings subsidiary for $550 million …





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