Uber signals recovery in rides as lockdown restrictions ease
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(Reuters) - Uber Technologies Inc said on Wednesday trip requests were gradually picking up, but still remained significantly below prior year levels, as several countries start to lift coronavirus-led restrictions.Trip requests are now down about 70% from a year earlier, slightly lesser than April's 80% drop, Chief Executive Officer Dara Khosrowshahi said in a conference with Bank of America analysts.He said the company's rides business is improving on a week-over-week basis, adding that the..