Uber withdraws its 2020 financial guidance, will write down $1.9B-$2.2B on value of some equity investments due to pandemic, lockdowns; stock up 8%+ after hours (Jordan Novet/CNBC)
Uber withdraws its 2020 financial guidance, will write down $1.9B-$2.2B on value of some equity investments due to pandemic, lockdowns; stock up 8%+ after hours — - Uber has holdings in Didi and Grab, among other assets. — The company lost $8.51 billion last year.
via Techmeme
Uber withdraws its 2020 financial guidance, will write down $1.9B-$2.2B on value of some equity investments due to pandemic, lockdowns; stock up 8%+ after hours (Jordan Novet/CNBC)
![]()
Reviewed by Internet Chicks Blogger
on
April 16, 2020
Rating:
No comments: