Uber shares jump after CEO says has enough cash to tide over coronavirus crisis - CNBC
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(Reuters) - Shares of Uber Technologies Inc rose as much as 35% after CNBC reported that the company has plenty of cash on hand to get through the coronavirus crisis and is seeing growth in areas of businesses other than ride-hailing.The company's rides segment is seeing a 60% to 70% decline in areas hit hardest by the pandemic, but has also seen growth in its food delivery business Uber Eats, CNBC reported on Thursday, citing a conference call by Chief Executive Officer Dara Khosrowshahi...