UBER招股书-2019.4-395页_4mb

Uber Technologies, Inc. IPO Summary

Core Content

Uber Technologies, Inc. is registering its common stock for an initial public offering (IPO), with a proposed maximum aggregate offering price of $1,000,000,000. The company is offering shares of its common stock, and the selling stockholders are also offering shares. The IPO is subject to the Securities Act of 1933, and the underwriters have the right to purchase up to additional shares to cover over-allotments.

The company intends to list its common stock on the New York Stock Exchange under the symbol "UBER". The prospectus is dated April 11, 2019, and the IPO is expected to be completed as soon as practicable after the effective date of the registration statement.

Key Information

• Company Name: Uber Technologies, Inc.
• Jurisdiction of Incorporation: Delaware
• IRS Employer Identification Number: 45-2647441
• Principal Executive Office: 1455 Market Street, 4th Floor, San Francisco, California 94103
• Phone Number: (415) 612-8582
• Primary SIC Code: 7372
• Underwriters: Morgan Stanley, BofA Merrill Lynch, RBC Capital Markets, HSBC, Needham & Company, Academy Securities, BTIG, Mischler Financial Group, Inc., Barclays, Citigroup, SunTrust Robinson Humphrey, SMBC, Loop Capital Markets, CastleOak Securities, L.P., Cowen, Raymond James, William Blair, Goldman Sachs & Co. LLC, Allen & Company LLC, Deutsche Bank Securities, Mizuho Securities, Siebert Cisneros Shank & Co., L.L.C., Evercore ISI, JMP Securities, Macquarie Capital, The Williams Capital Group, L.P., TPG Capital BD
• Registration Fee: $121,200
• Directed Share Program: Up to % of the shares offered by this prospectus will be reserved for sale to qualifying Drivers in the United States at the initial public offering price.

Main Points

• IPO Details:

  • Maximum Offering Price: $1,000,000,000
  • Registration Fee: $121,200
  • Listing: New York Stock Exchange under "UBER"
  • Effective Date: As soon as practicable after the registration statement becomes effective

• Business Overview:

  • Mission: To ignite opportunity by setting the world in motion
  • Platform Offerings: Personal Mobility (Ridesharing and New Mobility), Uber Eats, and Uber Freight
  • Global Reach: Operations in 63 countries, with 700+ cities covered
  • Key Metrics:
    • Trips per Day: 14 million
    • Monthly Active Platform Consumers (MAPCs): 91 million
    • Total Payments to Drivers: $78 billion
    • Global Trips: 10 billion as of September 2018

• Financial Measures:

  • Core Platform Adjusted Net Revenue: Excludes Driver incentives, referrals, and 2018 Divested Operations
  • Core Platform Contribution Margin: Measures profitability after direct expenses
  • Take Rate: Core Platform Adjusted Net Revenue as a percentage of Gross Bookings

• Company Growth:

  • Trips Growth:
    • 1B trips in March 2016
    • 5B trips in September 2017
    • 10B trips in September 2018
  • Growth Timeline:
    • 2012: Launch
    • 2016: 1B trips
    • 2017: 5B trips
    • 2018: 10B trips

• Key Terms:

  • Consumer: Platform user who transacts for rides or meals
  • Driver: Independent driver or courier using the platform
  • MAPCs: Monthly Active Platform Consumers
  • Gross Bookings: Total dollar value of rides, meal deliveries, and freight without discounts or refunds
  • Take Rate: Core Platform Adjusted Net Revenue / Gross Bookings

• Risk Factors:

  • Investing in Uber involves risks, and potential investors are advised to review the "Risk Factors" section for detailed information.

• Legal and Regulatory:

  • The Securities and Exchange Commission and state securities regulators have not approved or disapproved the securities or the prospectus.
  • The prospectus is an offer to sell only the shares offered hereby and only under lawful circumstances.

Summary of Key Metrics

• 6 Continents: Uber operates in six continents.
• 3 Platform Offerings: Personal Mobility, Uber Eats, and Uber Freight.
• 700+ Cities: Uber's services are available in over 700 cities globally.
• 91M MAPCs: 91 million monthly active platform consumers.
• 14M Trips a Day: 14 million trips per day in 2018.
• $78B Paid to Drivers: Total payments made to drivers in 2018.
• 10B Trips: 10 billion trips as of September 2018.

Conclusion

This summary outlines the core information of Uber Technologies, Inc.'s IPO filing, including the offering details, business model, key metrics, and the financial measures used to evaluate performance. It also highlights the company's mission, growth trajectory, and the various stakeholders involved in the offering. Investors are encouraged to review the full prospectus for a comprehensive understanding of the offering and its associated risks.