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was "staggering" while one investor described the contraction as an "extraordinary shock."Read moreUber has withdrawn its financial guidance for 2020 – covering metrics like gross bookings adjusted net revenue adjusted EBDA.In a press release on its website Uber said the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
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- Instacart is seen at risk from the expanded Uber-Kroger partnership [Seeking Alpha]Seeking Alpha
- Uber Technologies (NYSE:UBER) was upgraded by analysts at BNP Paribas to a "strong-buy" rating.MarketBeat
- Uber's trying to snow voters with a supposedly pro-consumer ballot initiative. Don't buy it [Los Angeles Times (CA)]Los Angeles Times
UBER
Earnings
- 11/4/25 - Beat
UBER
Sec Filings
- 1/13/26 - Form 4
- 1/13/26 - Form 4
- 1/13/26 - Form 4
- UBER's page on the SEC website