LIVE CORONAVIRUS UPDATES: China's economy shrinks for first time in 40 years, Uber warns of $2.2 billion writedown [The Business Insider]
Uber Technologies, Inc. (UBER)
Last uber technologies, inc. earnings: 2/6 04:05 pm
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Source: The Business Insider
China's economy suffered its first contraction in over 40 years shrinking 7% in an 'extraordinary shock' to the global economy.China's economy fell by 6.8% in the first three months of 2020 signalling gloom for the country severely impacted by the coronavirus that emerged in its central city of Wuhan spread to the rest of the world.China's National Bureau of Statistics released the economic data on Friday showing major economic indicators declined across industrial production retail sales investments imports exports.On news of the data American economist Nouriel Roubini remarked that the collapse in the first-quarter was "staggering" while one investor described the contraction as an "extraordinary shock."Read moreUber has withdrawn its financial guidance for 2020 – covering metrics like gross bookings adjusted net revenue adjusted EBDA.In a press release on its website Uber said the guidance it published on February 6 no longer applied as the "uncertainty" caused by COVID-19 made
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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