Uber to take charge of up to $2.2 bln due to coronavirus crisis

Uber Technologies Inc said on Thursday it expected an impairment charge of about $1.9 billion to $2.2 billion against some of its minority equity investments, due to the impact of the coronavirus outbreak on the value of those entities.

The ride-sharing company also withdrew http://pdf.reuters.com/htmlnews/htmlnews.asp?i=43059c3bf0e37541&u=urn:newsml:reuters.com:20200416:nBw4DcPQca its 2020 guidance for gross bookings, adjusted net revenue, and adjusted EBITDA.