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Uber trying to sell off its flying taxi division Elevate, report says

Uber trying to sell off its flying taxi division Elevate, report says

Uber is looking to sell off its flying taxi division ’Elevate’ to a secretive startup called Joby Aviation after four years of operation, Axios reported. Elevate had a helicopter service running in New York City, but it stopped operations as Covid-19 hit city. This is seen as a part of Uber’s efforts to curtail some of its ventures that are bleeding the company of cash as well as other resources.

Sandra
Sandra
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