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Uber to take charge of up to $2.2 billion due to coronavirus crisis

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Home Blogs > Business
Apr 16 '20 | By oiam2companyadmin | Views: 44 | Comments: 0

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Uber Technologies Inc said on Thursday it expected an impairment charge of about $1.9 billion to $2.2 billion against some of its minority equity investments, due to the impact of the coronavirus outbreak on the value of those entities.
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Source: https://www.reuters.com/article/us-health-coronavirus-uber/uber-to-take-charge-of-up-to-2-2-billion-due-to-coronavirus-crisis-idUSKBN21Y3BJ?feedType=RSS&feedName=businessNews

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