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Blade’s passenger business, which Joby acquired in August, currently operates routes in the New York metropolitan area and southern Europe via its own consumer app.

The sale represents Uber’s second as a blue-chip company after it tapped investors for $4 billion around a year ago. The proceeds will be used for general corporate purposes.

The Guangzhou-headquartered firm’s optimism comes as it eyes new markets in Europe. Road testing is being carried out in Luxembourg.

The results landed just hours after Uber issued a better-than-expected forecast for the third quarter and exceeded Wall Street’s expectations on gross bookings.

The company said it has an opportunity to reach more consumers by cross-selling its rideshare and delivery services and adapting them to a wider range of customer needs.

The driverless shuttles will initially be deployed in partnership with airports and cities, dovetailing with the company’s recent revival of pooled rides at U.S. airports.

Waymo, through its partnership with Uber, is more than doubling its service territory in Austin as the driverless taxi firm looks to fend off competition from Tesla.

Uber is teaming up with electric vehicle maker Lucid and self-driving tech startup Nuro to launch a robotaxi fleet.

African ride-hailing startup Moove is close to raising $1.2 billion in a debt round that will help it finance a rollout of an autonomous-driving fleet with Waymo and expand in the U.S.

Kalanick would run Pony if the deal is completed while continuing to lead his current company, CloudKitchens, the report cited the people as saying. Financial details were not known.