Uber Technologies Inc said on Thursday it expects an impairment charge of up to US$2.2 billion in the first quarter due to the coronavirus ...
Uber Technologies Inc said on Thursday it expects an impairment charge of up to US$2.2 billion in the first quarter due to the coronavirus outbreak and revenue to decline by US$17 million to US$22 million in the quarter.
Last month, the ride-hailing company promised 10 million free rides and food deliveries to healthcare workers, seniors, and people in need, during the period of lockdowns put in place to stem the spread of the coronavirus.The company withdrew http://pdf.reuters.com/htmlnews/htmlnews.asp?i=43059c3bf0e37541&u=urn:newsml:reuters.
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