Toyota Said to Invest $500 Million in Uber

The video discusses Toyota's investment in ride hailing, highlighting the strategic move to explore new revenue streams beyond hardware, similar to Apple's model with Foxconn. It also examines Uber's high valuation, which surpasses major car companies like Tesla and General Motors, indicating the market's belief in ride hailing as a lucrative future industry. The discussion extends to Uber's IPO plans, emphasizing the need for management stabilization and financial results before proceeding with a public offering.

What role does subscription revenue play in the business model of ride-hailing companies?

What challenges did Uber face in the past that could affect its future stability?