Uber looking to sell its non-strategic stakes including in China's Didi

Uber looking to sell its non-strategic stakes including in China's Didi

FILE PHOTO: Chief Executive Officer Dara Khosrowshahi of ride-hailing app Uber pictured on stage during an event in New York City, New York, U.S., September 5, 2018. REUTERS/Carlo Allegri/File Photo

The CEO of Uber Technologies Inc said on Tuesday the company was looking sell stakes in what it considers non-strategic investments in other companies, including its shares in Chinese ride-hailing company Didi Global Inc.

Speaking at a virtual fireside chat with a UBS analyst, Chief Executive Dara Khosrowshahi said many of the companies in which Uber has a stake have recently gone public and are still subject to a lockup period.

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