Fitch Ratings has upgraded Uber Technologies Inc.'s credit rating to A-, citing the company's successful diversification strategies as a key factor in this decision. The rating agency noted that Uber's expansion into various sectors, including food delivery and freight services, has strengthened its financial position and reduced reliance on its core ride-hailing business. This upgrade reflects Fitch's assessment of Uber's improved operational resilience and growth potential in a competitive market.
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