China's Didi sees overseas business off coronavirus low, eyes payment firm deals, new markets: executive [Reuters]
Uber Technologies, Inc. (UBER)
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Source: Reuters
China's Didi sees overseas business off coronavirus low, eyes payment firm deals, new markets: executive BEIJING/SHANGHAI (Reuters) - China ride-hailing giant Didi Chuxing is upbeat that business overseas has turned a corner after dropping to a mid-March low amid the coronavirus pandemic, a senior executive said, and is already looking into new markets and payment firm acquisitions. Though bullish over future prospects, Tony Qiu, chief operating officer of Didi’s international operation, conceded that business sees a “double-digit” percentage hit in the short term, echoing gloom across an industry squeezed by travel restrictions in many countries to contain the virus. “[Overseas] business has recovered a little since reaching a low in mid-March,” Qiu told Reuters in an interview. “In the short term it will impact our business by double-digit, but we hope by doing what we do during the epidemic, we will overcome the virus.” Last week Uber Technologies warned of an up-to-$102 million re
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UBER
News
- This Startup Makes Ammonia By Turning The Planet Into A Chemical Reactor [Forbes]Forbes
- Uber Technologies (NYSE:UBER) was downgraded by analysts at Erste Group Bank AG from a "buy" rating to a "hold" rating.MarketBeat
- This Dow Index Has Turned a Corner [Yahoo! Finance]Yahoo! Finance
- Blue-city riders hit with priciest Uber fares as LA, NYC costs soar past comparable metros, data shows [FOX News]FOX News
- Uber says one stat shows how much room the company has to grow in the US [Business Insider]Business Insider
UBER
Earnings
- 11/4/25 - Beat
UBER
Sec Filings
- 11/18/25 - Form 4
- 11/18/25 - Form 4
- 11/18/25 - Form 4
- UBER's page on the SEC website