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Kalanick is buying a controlling stake in a distressed real estate company called City Storage Systems for $150 million and installing himself as CEO.
Magna International Inc. and Lyft will share the intellectual property from co-developing autonomous vehicles, and Magna will be free to sell the technology to car companies.
The truce would bring to an end a bruising battle for leadership in SE Asia’s ride-hailing market.
The fund, called 10100, will focus on real estate and e-commerce startups, as well as technology businesses in China and India.
Uber is a corporate anomaly. Few companies in history have grown so fast or lost so much money in such a short period of time.
Uber reported a loss of $4.5 billion for 2017 on $7.5 billion in net revenue.
Waymo was seeking as much as $1.86 billion in damages and a court order barring Uber from using the technology in dispute.
One of the wealthiest people in the world on paper, Kalanick would become an actual billionaire for the first time as a result of the sale.
Didi led a $100 million investment in 99 Taxis a year ago. “Globalization is a top strategic priority for DiDi,” Cheng Wei, Didi CEO, said in a statement.
The investor group which also includes Dragoneer Investment, TPG, Tencent Holdings and Sequoia Capital will own 17.5 percent of the startup.