(Reuters) – Uber Technologies Inc has plenty of cash on hand to get through the coronavirus crisis and is seeing growth in businesses other than ride-hailing, CNBC reported https://www.cnbc.com/2020/03/19/uber-stock-pops-after-saying-worst-of-coronavirus-fallout-is-behind-it.html on Thursday citing a conference call by Chief Executive Officer Dara Khosrowshai.
The company’s shares were up as much as 35%.
Uber did not immediately respond to a Reuters request for comment.
(Reporting by Supantha Mukherjee in Bengaluru; Editing by Shounak Dasgupta)
