Uber Stock Erupts on Strong Beat, Analysts Expect Positive Market Reaction

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Uber (UBER), Lyft (LYFT) extend gains, Up 13%

August 2, 2022 9:34 AM EDT

Uber (NYSE: UBER), Lyft (NASDAQ: LYFT) extend gains, Up 13%

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Uber likely seller of 7.8% stake in India's Zomato - source, term sheet

August 2, 2022 9:02 AM EDT

By Aditi Shah and Aditya Kalra

NEW DELHI (Reuters) -Uber Technologies is the likely seller of a 7.8% stake in Indian food delivery firm Zomato being disposed of via a $373 million block deal on Wednesday, according to a source with direct knowledge of the matter.

The offer size of 612 million... More