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

(Reuters) – 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 here its 2020 guidance for gross bookings, adjusted net revenue and adjusted EBITDA.

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