Uber Technologies
40 named things its latest annual report says its results depend on, each in the company's own words. 20 of them are also named by other companies we've read.
Customers
Large restaurant groups and merchants
concentrated innamed as a riskA significant amount of our Delivery Gross Bookings come from a limited number of large restaurant groups and other merchants, and this concentration increases the risk of fluctuations in our operating results and our sensitivity to any material adverse developments experienced by our significant merchant partners.Risk factors (Item 1A)
Suppliers
Google Maps
depends onnamed as a riskWe do not believe that an alternative mapping solution exists that can provide the global functionality that we require to offer our platform in all of the markets in which we operate.Risk factors (Item 1A)
Ridesharing insurance providers
depends onnamed as a riskWe rely on a limited number of ridesharing insurance providers, and should such providers discontinue or increase the cost of coverage, or cease operations or providing certain types of coverage, we cannot guarantee that we would be able to secure replacement coverage on reasonable terms or at all.Risk factors (Item 1A)
Background-check provider
depends onnamed as a riskFurthermore, we rely on a single background-check provider in certain jurisdictions, and we may not be able to arrange for adequate background checks from a different provider on commercially reasonable terms or at all.Risk factors (Item 1A)
Cloud computing and co-located data center providers
depends onnamed as a riskWe may not be able to easily switch to another cloud or data center provider in the event of any disruptions or interference to the services we use, and even if we do, other cloud and data center providers are subject to the same risks.Risk factors (Item 1A)
Partners and platforms
Payment card networks
depends on · more than 75% of our Gross Bookingsnamed as a riskIn 2025, more than 75% of our Gross Bookings were paid by credit card, debit card or digital wallet.Risk factors (Item 1A)
Apple App Store
depends onnamed as a riskOur platform relies on third parties maintaining open marketplaces, including the Apple App Store and Google Play, which make applications available for download.Risk factors (Item 1A)
Also named by APP, COIN, DKNG, INTU, MELI, RBLX, SIRI, U and 2 more
Google Play
depends onnamed as a riskOur platform relies on third parties maintaining open marketplaces, including the Apple App Store and Google Play, which make applications available for download.Risk factors (Item 1A)
Waymo
competes withnamed as a riskWaymo has introduced a commercialized ridehailing fleet of autonomous vehicles on its own platform in addition to a fleet of autonomous vehicles that it makes available through our platform, and it is possible that our competitors could introduce autonomous vehicle offerings earlier than we will be able to offer autonomous vehicles on our platform or that our commercial partnerships could expire or that our autonomous vehicle partners could experience organizational failures of their own or otherwise remove their vehicles from our platform.Risk factors (Item 1A)
Other companies
Cash payments
approximately 6% of our global Gross Bookingsnamed as a riskIn 2025, cash-paid trips accounted for approximately 6% of our global Gross Bookings.Risk factors (Item 1A)
Careem
approximately $128 million of Careem Convertible Notesnamed as a riskIn addition, our acquisition of Careem has increased our risks under the U.S. Foreign Corrupt Practices Act (“FCPA”) and other similar laws outside the United States.Risk factors (Item 1A)
Didi
named as a riskAs a result, a significant portion of our assets includes minority ownership positions, including in Didi, Grab, and Aurora.Risk factors (Item 1A)
Grab
named as a riskAs a result, a significant portion of our assets includes minority ownership positions, including in Didi, Grab, and Aurora.Risk factors (Item 1A)
Aurora
named as a riskAs a result, a significant portion of our assets includes minority ownership positions, including in Didi, Grab, and Aurora.Risk factors (Item 1A)
Competitors
DoorDash
competes withnamed as a riskOur Delivery offering competes with numerous companies in the meal, grocery and other delivery space in various regions for Drivers, consumers, and merchants, including DoorDash, Instacart, Gopuff, Rappi, Delivery Hero, Just Eat Takeaway, and Amazon.Business (Item 1)
Tesla
competes withnamed as a riskSeveral companies, including Waymo, Tesla, and Zoox (a subsidiary of Amazon), are developing autonomous vehicle technologies in the United States, either alone or through collaborations with car manufacturers, as are similar companies globally, and we expect that they will use such technology to further compete with us in the mobility, delivery, or logistics industries.Risk factors (Item 1A)
Also named by GNRC
C.H. Robinson
competes withnamed as a riskOur Freight offering competes with global and North American freight brokers and managed transportation providers such as C.H. Robinson, Total Quality Logistics, RXO, XPO, Echo Global Logistics, and DHL.Business (Item 1)
Also named by RXO
Zoox (Amazon)
competes withnamed as a riskSeveral companies, including Waymo, Tesla, and Zoox (a subsidiary of Amazon), are developing autonomous vehicle technologies in the United States, either alone or through collaborations with car manufacturers, as are similar companies globally, and we expect that they will use such technology to further compete with us in the mobility, delivery, or logistics industries.Risk factors (Item 1A)
Lyft
competes withnamed as a riskWe also compete with other ridesharing companies for Drivers and Riders, including Bolt, Didi, Lyft, and Ola.Business (Item 1)
Places
Airports
concentrated in · 15% of our Mobility Gross Bookingsnamed as a riskIn 2025, we generated 15% of our Mobility Gross Bookings from trips that either started or were completed at an airport.Risk factors (Item 1A)
India
subject tonamed as a riskFor example, we have agreed to not calculate consumer fares in excess of the maximum government-mandated fares in all major Indian cities where legal proceedings have limited the use of surge pricing.Risk factors (Item 1A)
Also named by A, AAPL, ACN, AJG, AKAM, AMZN, AOS, AVGO and 54 more
Latin America
operates innamed as a riskFor example, in Latin America, there have been numerous reports of Drivers and consumers being victimized by violent crime, such as armed robbery, violent assault, and rape, while taking or providing a trip on our platform.Risk factors (Item 1A)
Also named by AMT, DCI, DOW, EZPW, FLS, MCO, SNEX, SOFI and 2 more
France
subject tonamed as a riskAnother example is in France, where the government is seeking social security contributions based on an allegation that Drivers are employees.Risk factors (Item 1A)
Also named by ATR, BAM, DDOG, HROW, IDCC, MS, UGI, WAB and 1 more
Egypt
subject tonamed as a riskOur failure to share such data in accordance with these regulations may result in government authorities assessing significant fines or penalties against us or shutting down our or Careem’s app in Egypt on either a temporary or indefinite basis.Risk factors (Item 1A)
Large metropolitan areas
concentrated innamed as a riskAs a result of our geographic concentration, our business and financial results are susceptible to economic, social, weather, and regulatory conditions or other circumstances in each of these large metropolitan areas.Risk factors (Item 1A)
Argentina, Germany, Italy, Japan, South Korea, and Spain
subject tonamed as a riskIn certain jurisdictions, including Argentina, Germany, Italy, Japan, South Korea, and Spain, our ridesharing business model has been blocked, capped, or suspended, or we have been required to change our business model, due primarily to laws and significant regulatory restrictions in such jurisdictions.Risk factors (Item 1A)
Commodities and inputs
Gasoline/fuel
exposed to its pricenamed as a riskFactors such as inflation, increased fuel prices, and increased vehicle purchase, rental, insurance, or maintenance costs, including increased prices of new and used vehicle parts as a result of recent tariffs, global supply chain challenges, and increased fuel prices as result of the conflict between Russia and Ukraine and the conflict in the Middle East, have and may continue to increase the costs incurred by Drivers and Carriers when providing services on our platform.Risk factors (Item 1A)
Regulators
Federal Trade Commission (FTC)
subject tonamed as a riskIn April 2018, we entered into an FTC consent decree pursuant to which we agreed, among other things, to implement a comprehensive privacy program, undergo biennial third-party assessments, and not misrepresent how we protect consumer information through 2038.Risk factors (Item 1A)
Also named by AMZN, AN, AVGO, BJ, CART, CELH, CHD, CHE and 56 more
U.S. Department of Justice (DOJ)
subject tonamed as a riskWe are the subject of DOJ inquiries and investigations, as well as enforcement inquiries and investigations by other federal, state and local government agencies and other regulators abroad.Risk factors (Item 1A)
Also named by AAPL, ACN, AMAT, ASO, BEN, BSX, CAH, CDNA and 21 more
UK Financial Conduct Authority
subject tonamed as a riskUber Payments UK Limited holds a similar license in the United Kingdom issued by the Financial Conduct Authority, as does UBR Pagos México, S.A. de C.V., Institución de Fondos de Pago Electrónico, issued by the Comisión Nacional Bancaria y de Valores in Mexico.Risk factors (Item 1A)
Also named by CG, CME, EVR, HIG, HOOD, IBKR, IP, KKR and 1 more
New York City Taxi and Limousine Commission
subject tonamed as a riskSince implementation, these regulations have had an adverse impact on our financial performance in New York City and may continue to do so in the future.Risk factors (Item 1A)
De Nederlandsche Bank
subject tonamed as a riskFor example, our subsidiary in the Netherlands, Uber Payments B.V., is registered and authorized by its competent authority, De Nederlandsche Bank, as an electronic money institution.Risk factors (Item 1A)
Laws and programs
General Data Protection Regulation (GDPR)
subject to · up to the greater of €20 million or 4% of total worldwide revenuenamed as a riskNon-compliance with the GDPR (including any non-compliance by any acquired business) is subject to significant penalties, including fines of up to the greater of €20 million or 4% of total worldwide revenue, and injunctions against the processing of personal data.Risk factors (Item 1A)
Also named by A, AB, ABNB, ADBE, ADP, AGX, AIOT, AJG and 100 more
California zero-emission rideshare regulation
subject to · 90% of vehicle miles travelednamed as a riskMoreover, in May 2021, California adopted a regulation requiring 90% of vehicle miles traveled by rideshare fleets in California to have been in EVs by 2030, with interim targets beginning in 2023.Risk factors (Item 1A)
Payment Card Industry Data Security Standard
subject tonamed as a riskOur failure to comply with the Standard and other network operating rules could result in fines or restrictions on our ability to accept payment cards.Risk factors (Item 1A)
Also named by ABNB, AZO, BJ, BKNG, CASH, CASY, COST, DOV and 20 more
California Proposition 22
subject tonamed as a riskThe California Supreme Court upheld the constitutionality of Proposition 22; however, legal challenges, including constitutional challenges, to Proposition 22 may continue to be filed.Risk factors (Item 1A)
California Assembly Bill 5
subject tonamed as a riskGovernment authorities and private plaintiffs have brought litigation asserting that Assembly Bill 5 requires Drivers in California to be classified as employees.Risk factors (Item 1A)
London Ultra Low Emission Zone
subject tonamed as a riskIn addition, Drivers may be subject to climate-related policies that indirectly impact our business, such as the Congestion Charge Zone and Ultra Low Emission Zone schemes adopted in London that impose fees on drivers that do not meet specified emissions standards, which may impact our ability to attract and maintain Drivers on our platform, and to the extent we experience Driver supply constraints in a given market, we may need to increase Driver incentives.Risk factors (Item 1A)
Also named by SUNB
Mexico Federal Labor Law
subject tonamed as a riskAs another example, in December 2024, the Mexican Congress passed a bill to amend Mexico’s Federal Labor Law and reclassify all mobility and delivery earners who make more than one minimum salary a month as employees, with traditional labor law rights, including sharing into the profits of the company.Risk factors (Item 1A)
Revised Payment Services Directive (PSD2)
subject tonamed as a riskThis authorization permits Uber Payments B.V. to provide payment services (including acquiring and executing payment transactions and money remittances, as referred to in the Revised Payment Services Directive (2015/2366/EU)) and to issue electronic money in the Netherlands.Risk factors (Item 1A)