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

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

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

The CEO of Uber Technologies Inc said on Tuesday the company was looking sell stakes in what it considers non-strategic investments in other companies, including its shares in Chinese ride hailing company Didi Global Inc.Speaking at a virtual fireside chat with a UBS analyst, Chief Executive Dara Khosrowshahi said many of the companies in which Uber has a stake have recently gone public and are still subject to a lock-up period.While Khosrowshahi said Uber would continue to hold some stakes for…

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By | 2021-12-15T03:32:52+00:00 December 15th, 2021|Technology|Comments Off on Uber looking to sell Didi, other non-strategic stakes, CEO says