Uber's operational business last quarter for the first time achieved profitability on an adjusted earnings basis, but its Didi stake drove a $2.4 billion net loss in the third quarter. Some investors have grown concerned that Uber holding on to these investments sends a signal to the market that stakes in other companies are more attractive than putting freed-up capital into Uber's own operations. Uber had roughly $13.1 billion tied up in investments in other companies as of the end of the third quarter, including $4.1 billion in Didi. He also said Uber last week had its best week ever in terms of company-wide gross bookings at its ride-hail and food delivery operations.īut overall, ride-hail trips remained around 10% below pre-pandemic levels, the CEO said. Uber shares rose 4.3% to close at $37.26 after Khosrowshahi's remarks on Tuesday. .de l’application Uber de commander des services de transport de personnes fournis par des prestataires indpendants ( Prestataires de transport ). He said many of the companies in which Uber has a stake have recently gone public and are still subject to a lockup period - when investors at the time of listing cannot sell stock - adding Uber would continue to hold some stakes for strategic reasons.ĭidi did not immediately respond to a request for comment on Wednesday. "Those kinds of stakes we look to monetize smartly over time." Khosrowshahi said the company was in no rush to sell the shares. They're a competitor, China is a pretty difficult environment with very little transparency," Uber Chief Executive Dara Khosrowshahi said at a virtual fireside chat with a UBS analyst. "Our Didi stake we don't believe is strategic. Uber owns 12.8% of Didi, according to a filing in June by Didi.