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Both Toyota and Uber are seen as lagging behind in developing self-driving cars, as firms such as Waymo, owned by Alphabet, steam ahead.

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Uber, has to recover it's reputation on the self driving car "Taxi" service after a fatal crash in Tempe, Arizona, in March, when a self-driving Uber SUV killed a pedestrian.

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The fleet will be based on Toyota's Sienna Minivan model with pilot trials beginning in 2021.

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self-driving technology from each company will be integrated into purpose-built Toyota vehicles.

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is a convenient, inexpensive and safe taxi service. Hire a private driver to pick you up & take you to your destination with the tap of a button on any smartphone device.

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is a Japanese multinational automotive manufacturer headquartered in Toyota, Aichi, Japan. In 2017, Toyota's corporate structure consisted of 364,445 employees worldwide[6] and, as of October 2017, was the fifth-largest company in the world by revenue. As of 2017, Toyota is the world's second-largest automotive manufacturer.

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Toyota said, it would involve in the "mass production" of self driving cars, that then would be deployed in Uber's service.

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Both companies, have to catchup with their competitors in self driving cars market.

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By closing this deal Uber's estimated value increased to 72 billion dollars