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1 |
+
UNITED STATES
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2 |
+
SECURITIES AND EXCHANGE COMMISSION
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3 |
+
Washington, D.C. 20549
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4 |
+
____________________________________________
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5 |
+
FORM 10-K
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6 |
+
____________________________________________
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7 |
+
(Mark One)
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8 |
+
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9 |
+
☒ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934
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10 |
+
For the fiscal year ended December 31, 2019
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11 |
+
OR
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12 |
+
☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934
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13 |
+
For the transition period from_____ to _____
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14 |
+
Commission File Number: 001-38902
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15 |
+
____________________________________________
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16 |
+
UBER TECHNOLOGIES, INC.
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17 |
+
(Exact name of registrant as specified in its charter)
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18 |
+
____________________________________________
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19 |
+
Delaware
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20 |
+
45-2647441
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21 |
+
(State or other jurisdiction of incorporation or organization)
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22 |
+
(I.R.S. Employer Identification No.)
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23 |
+
1455 Market Street, 4th Floor
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24 |
+
San Francisco, California 94103
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25 |
+
(Address of principal executive offices, including zip code)
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26 |
+
(415) 612-8582
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27 |
+
(Registrant’s telephone number, including area code)
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28 |
+
____________________________________________
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29 |
+
Securities registered pursuant to Section 12(b) of the Act:
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30 |
+
Title of each class
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31 |
+
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32 |
+
Trading Symbol(s)
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33 |
+
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34 |
+
Name of each exchange on which registered
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35 |
+
Common Stock, par value $0.00001 per share
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36 |
+
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37 |
+
UBER
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38 |
+
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39 |
+
New York Stock Exchange
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40 |
+
Securities registered pursuant to Section 12(g) of the Act: None
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41 |
+
Indicate by check mark whether the registrant is a well-known seasoned issuer, as defined in Rule 405 of the Securities Act. Yes ☐ No ☒
|
42 |
+
Indicate by check mark whether the registrant is not required to file reports pursuant to Section 13 or Section 15(d) of the Act. Yes ☐ No ☒
|
43 |
+
Indicate by check mark whether the registrant (1) has filed all reports required to be filed by Section 13 or 15(d) of the Securities Exchange Act of 1934 during the preceding 12 months (or for such shorter period that the registrant was required to file such reports), and (2) has been subject to such filing requirements for the past 90 days. Yes ☒ No ☐
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44 |
+
Indicate by check mark whether the registrant has submitted electronically every Interactive Data File required to be submitted pursuant to Rule 405 of Regulation S-T (§232.405 of this chapter) during the preceding 12 months (or for such shorter period that the registrant was required to submit such files). Yes ☒ No ☐
|
45 |
+
Indicate by check mark whether the registrant is a large accelerated filer, an accelerated filer, a non-accelerated filer, a smaller reporting company, or an emerging growth company. See the definitions of “large accelerated filer,” “accelerated filer,” “smaller reporting company,” and “emerging growth company” in Rule 12b-2 of the Exchange Act.
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46 |
+
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47 |
+
|
48 |
+
Large accelerated filer
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49 |
+
☐
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50 |
+
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51 |
+
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52 |
+
Accelerated filer
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53 |
+
☐
|
54 |
+
Non-accelerated filer
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55 |
+
☒
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56 |
+
|
57 |
+
|
58 |
+
Smaller reporting company
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59 |
+
☐
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60 |
+
|
61 |
+
|
62 |
+
|
63 |
+
|
64 |
+
Emerging growth company
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65 |
+
☐
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66 |
+
If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act.
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67 |
+
☐
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68 |
+
Indicate by check mark whether the registrant is a shell company (as defined in Rule 12b-2 of the Exchange Act). Yes ☐ No ☒
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69 |
+
The aggregate market value of the voting and non-voting common equity held by non-affiliates of the registrant as of June 28, 2019, the last business day of the registrant's most recently completed second fiscal quarter, was approximately $59.7 billion based upon the closing price reported for such date on the New York Stock Exchange.
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70 |
+
The number of shares of the registrant's common stock outstanding as of February 19, 2020 was 1,723,775,076.
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71 |
+
DOCUMENTS INCORPORATED BY REFERENCE
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72 |
+
Portions of the registrant’s Definitive Proxy Statement relating to the Annual Meeting of Stockholders are incorporated by reference into Part III of this Annual Report on Form 10-K where indicated. Such Definitive Proxy Statement will be filed with the Securities and Exchange Commission within 120 days after the end of the registrant’s fiscal year ended December 31, 2019.
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73 |
+
|
74 |
+
|
75 |
+
UBER TECHNOLOGIES, INC.
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76 |
+
TABLE OF CONTENTS
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77 |
+
|
78 |
+
|
79 |
+
Pages
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80 |
+
|
81 |
+
Special Note Regarding Forward-Looking Statements
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82 |
+
2
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83 |
+
|
84 |
+
|
85 |
+
|
86 |
+
PART I
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87 |
+
|
88 |
+
|
89 |
+
Item 1.
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90 |
+
Business
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91 |
+
4
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92 |
+
Item 1A.
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93 |
+
Risk Factors
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94 |
+
9
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95 |
+
Item 1B.
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96 |
+
Unresolved Staff Comments
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97 |
+
44
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98 |
+
Item 2.
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99 |
+
Properties
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100 |
+
44
|
101 |
+
Item 3.
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102 |
+
Legal Proceedings
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103 |
+
44
|
104 |
+
Item 4.
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105 |
+
Mine Safety Disclosures
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106 |
+
45
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107 |
+
|
108 |
+
|
109 |
+
|
110 |
+
PART II
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111 |
+
|
112 |
+
|
113 |
+
Item 5.
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114 |
+
Market for Registrant’s Common Equity, Related Stockholder Matters and Issuer Purchases of Equity Securities
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115 |
+
45
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116 |
+
Item 6.
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117 |
+
Selected Financial Data
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118 |
+
46
|
119 |
+
Item 7.
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120 |
+
Management’s Discussion and Analysis of Financial Condition and Results of Operations
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121 |
+
48
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122 |
+
Item 7A.
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123 |
+
Quantitative and Qualitative Disclosures About Market Risk
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124 |
+
75
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125 |
+
Item 8.
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126 |
+
Financial Statements and Supplementary Data
|
127 |
+
76
|
128 |
+
Item 9.
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129 |
+
Changes in and Disagreements with Accountants on Accounting and Financial Disclosure
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130 |
+
139
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131 |
+
Item 9A.
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132 |
+
Controls and Procedures
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133 |
+
139
|
134 |
+
Item 9B.
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135 |
+
Other Information
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136 |
+
140
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137 |
+
|
138 |
+
|
139 |
+
|
140 |
+
PART III
|
141 |
+
|
142 |
+
|
143 |
+
Item 10.
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144 |
+
Directors, Executive Officers and Corporate Governance
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145 |
+
140
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146 |
+
Item 11.
|
147 |
+
Executive Compensation
|
148 |
+
140
|
149 |
+
Item 12.
|
150 |
+
Security Ownership of Certain Beneficial Owners and Management and Related Stockholder Matters
|
151 |
+
140
|
152 |
+
Item 13.
|
153 |
+
Certain Relationships and Related Transactions, and Director Independence
|
154 |
+
140
|
155 |
+
Item 14.
|
156 |
+
Principal Accounting Fees and Services
|
157 |
+
140
|
158 |
+
|
159 |
+
|
160 |
+
|
161 |
+
PART IV
|
162 |
+
|
163 |
+
|
164 |
+
Item 15.
|
165 |
+
Exhibits, Financial Statement Schedules
|
166 |
+
140
|
167 |
+
Item 16.
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168 |
+
Form 10-K Summary
|
169 |
+
140
|
170 |
+
|
171 |
+
Exhibit Index
|
172 |
+
141
|
173 |
+
|
174 |
+
Signatures
|
175 |
+
143
|
176 |
+
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