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Uber Stock Jumps After It Announces International Expansion

Video Credit: Wochit Business - Duration: 00:33s - Published < > Embed
Uber Stock Jumps After It Announces International Expansion

Uber Stock Jumps After It Announces International Expansion

Shares of Uber climbed as much as 5% on Thursday.

According to Business Insider, the jump came after a company executive said the ride-hailing app talked about expansion into Western Africa.

The exec said Uber is in talks with regulators in Western African countries about expansion opportunities.

Uber also mentioned a potential boat service in Lagos, Nigeria, according to Reuters.

The company recently started offering boat rides in Mumbai, India.

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Uber Stock Jumps After It Announces International Expansion

MONDAY, SEPT.

12, 2016, FILE PHOTO A MAY 10, 2019, FILE PHOTO




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