Phone Unit: Bank Group

phone unit: Ltd.'s Ola of India, the sources said. ; Toyota said last month it will jointly invest 1 billion in Uber's new subsidiary to develop autonomous vehicles, together with Soft Bank Group Corp. and auto parts supplier Denso Corp, according to The Japan Times. Soft Bank Group is the biggest shareholder in Uber and has also invested in Grab and Ola. The automaker is planning to supply a new driverless system to be developed with U.S. ride-hailing giant Uber Technologies Inc. to companies such as Grab Taxi Holdings Pte Ltd. of Singapore and ANI Technologies Pvt. Toyota is also a stakeholder in Grab, which has a wide range of businesses across Southeast Asia. Toyota and Soft Bank Corp., the mobile phone unit of Soft Bank Group, announced last year they will jointly develop services using self-driving vehicles and other advanced automotive technologies. The latest move signals Toyota's desire to stretch the scope of its business and take the initiative in offering advanced mobility services, including developing self-driving technologies that could eventually lead to driverless taxis. (news.financializer.com). As reported in the news.