The logo for Uber Technologies is seen on a vehicle in Manhattan, New York City, November 17, 2021. Photo: Reuters
The logo for Uber Technologies is seen on a vehicle in Manhattan, New York City, November 17, 2021. Photo: Reuters
Uber

Uber looking to sell Didi, other non-strategic stakes, CEO says

  • Uber chief executive said its Didi stake is not strategic, as they are a competitor and the China market was ‘a pretty difficult environment with very little transparency’
  • Uber’s operational business last quarter for the first time achieved profitability, but its Didi stake drove a US$2.4 billion net loss in the third quarter

Topic |   Uber
The logo for Uber Technologies is seen on a vehicle in Manhattan, New York City, November 17, 2021. Photo: Reuters
The logo for Uber Technologies is seen on a vehicle in Manhattan, New York City, November 17, 2021. Photo: Reuters
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