Waymo Lands $5 Billion Loan and Adds Ramp Expense Integration
Waymo's first debt financing and a new Waymo for Business tie-in with Ramp show the robotaxi company acting like a scali. Waymo's first debt financing and a new Waymo for Business tie-in with Ramp show the robotaxi company acting like a scaling business.
Waymo's fall has not been only about new cities. The company says it has closed a $5 billion term loan, its first debt financing, describing it as an important step in becoming a scaling commercial enterprise.
On the product side, Waymo for Business, which has offered organizations around-the-clock ride-hailing for more than a year, now integrates with expense platform Ramp. The aim is to cut manual expense reporting when employees ride.
The moves land alongside announced expansions to the Madrid region and Toronto and the launch of public rides in Las Vegas.
Expect all of it to feature when co-CEO Tekedra Mawakana takes the CES 2027 keynote stage on Jan. 5.
Image: manufacturer.
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