The ongoing coronavirus pandemic has caused Uber to withdraw its 2020 guidance as it anticipates a $1.9-$2.2 billion impairment charge and $17-22 million in first-quarter losses. “Given the evolving nature of COVID-19 and the uncertainty it has caused for every industry in every part of...
April 20, 2020
Uber is introducing an expanded roster of delivery options to provide on-demand and scheduled last-mile delivery solutions for consumers and businesses alike. Uber Direct will roll out in select cities, Uber said in a statement on Sunday (April 19), delivering everything from groceries and convenience store items to over-the-counter medications and even packages. Uber Connect […]
April 17, 2020
The ongoing coronavirus pandemic has caused Uber to withdraw its 2020 guidance as it anticipates a $1.9-$2.2 billion impairment charge and $17-22 million in first-quarter losses. “Given the evolving nature...
