Two major car makers just out "Ubered" Uber.
Last year, Uber CEO Dara Khosrowshahi said he wanted the app to do it all: individual rides, carpools, food deliveries, electric bicycles, e-scooters, self-driving vehicles, and even flying taxis. He wanted Uber to become "the Amazon of transportation."
But on Friday, German companies Daimler (of Mercedes-Benz) and BMW announced they were investing 1 billion euros ($1.13 billion) to offer many of the same services.
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Under the plan (which will initially focus on Europe, but could expand around the world), the two companies will combine existing services and companies with new transportation options. Read more...
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