Stock Groups

Uber looks to sell Didi, other non-strategic stakes

by Mike Robinson

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© Reuters. FILE PHOTO – A taxi drives past an Uber advertisement and ride-sharing company on Paris bus stops in March 2016. File photo. REUTERS/Charles Platiau

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(Reuters) – Uber Technologies CEO (NYSE:) Inc Tuesday stated that the company is looking to sell its stakes in non-strategic investments, such as Didi Global shares.

Dara Kosrowshahi spoke to UBS analysts at a virtual chat. He said that most of the Uber-owned companies have gone public recently and remain subject to lock-up periods.

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