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Uber shares skidded Wednesday after the company said it was hit with a big loss in the first three months of this year despite a rebound in its ride-share business.Quarterly revenue at Uber's rides unit nearly tripled year...

Uber on Thursday reported its first profitable quarter on an adjusted basis since it launched more than a decade ago with its two most important segments, ride-hailing and restaurant delivery, both turning the corner.Company executives allayed investor concerns...

China's ride hailing giant Didi Global said on Saturday that media reports that the Beijing city government is coordinating companies to invest in it are not correct."Didi is currently actively and fully cooperating with cybersecurity probe, foreign...

China has launched a multi-pronged crackdown on its tech companies, leaving startups and decades-old firms alike operating in a new, uncertain environment.Here are sectors that are facing regulatory pressure:Gaming companiesChinese regulators have slashed the amount of time players...