Uber Technologies Inc at Goldman Sachs Communacopia & Technology Conference Transcript

The following is excerpted from the question-and-answer section of the transcript.

Question: Eric Sheridan - Goldman Sachs - Analyst : Okay. There's a lot to go deeper on there. Before we do that, when you started the last earnings call, you took head on the debates out there around the consumer and around autonomous vehicles. I want to start with the consumer. I think investors continue to ask a lot of questions about the resilience in your business relative to what they perceive to be volatility around consumer demand writ large. How do you see the landscape for consumer spending and you fitting inside that landscape right now?

Question: Eric Sheridan - Goldman Sachs - Analyst : Okay. At your Analyst Day earlier this year, you threw out some medium-term targets about CAGRs for gross bookings growth. Can you unpack a little bit for us how you think about user growth, frequency growth and the adoption of multiple products as potential drivers, as the building blocks behind that multiyear view you guys shared this company?

Question: Eric Sheridan - Goldman Sachs - Analyst : Okay. I know you talked about it earlier with respect to autonomous, but I just want to come back to the topic. Share your world view with us in terms of how the AV landscape relative to what you built evolves. You're going to be an enabler of supply and a distributor of supply by partnering with AVs, but there's also potential for competitive dynamics with more AVs on the road with your existing business model. What's your general world view of how that structural landscape evolves?

Question: Eric Sheridan - Goldman Sachs - Analyst : Okay. Very clear. Let's turn to Uber One. You've got two dynamics. Uber One has been in the marketplace now for quite a while in more mature markets like the US, but it's also rolling out more extensively globally. I guess, first question, when you think about where Uber One is rolling out in a more new manner, what are some of the key learnings? Are they any different than what you might have learned from Uber One in more mature markets as you expand it globally?

Question: Eric Sheridan - Goldman Sachs - Analyst : Okay. You talked a little bit before about products and innovation and how we can drive frequency and cross-product usage. How does that all feed back into your priorities for market share across mobility and delivery? You're in very different positions between mobility and delivery if you look at different geographies. How do you think about some of what you're trying to build, product and platform, and how we can think about bringing that back to what might change your market share dynamics? REFINITIV STREETEVENTS | www.refinitiv.com | Contact Us consent of Refinitiv. 'Refinitiv' and the Refinitiv logo are registered trademarks of Refinitiv and its affiliated companies. SEPTEMBER 10, 2024 / 12:25AM, UBER.N - Uber Technologies Inc at Goldman Sachs Communacopia & Technology Conference

Question: Eric Sheridan - Goldman Sachs - Analyst : Okay. We only have a few minutes left. I want to hit two more topics before I lose you. Advertising. We've talked about it a lot on earnings calls over the last year but frame up for us what you're most intrigued by as an opportunity set for the advertising business in delivery and mobility when you look at those two separate potential advertising -- REFINITIV STREETEVENTS | www.refinitiv.com | Contact Us consent of Refinitiv. 'Refinitiv' and the Refinitiv logo are registered trademarks of Refinitiv and its affiliated companies. SEPTEMBER 10, 2024 / 12:25AM, UBER.N - Uber Technologies Inc at Goldman Sachs Communacopia & Technology Conference

Question: Eric Sheridan - Goldman Sachs - Analyst : Okay. Last topic. At the Analyst Day, you introduced a buyback program, you talked about the leverage target for the company. As you sit here today, what are the key messages you want to leave investors with about your priorities for capital allocation and what they can expect from the company in the years ahead?

Question: Eric Sheridan - Goldman Sachs - Analyst : Okay. Dara, always appreciate the opportunity to talk. Please join me in thanking Uber and the team for being part of the conference this year.