Uber - M&A Summary and Business Overview

Internet Software And ServicesCompany

Uber M&A Summary

Uber has acquired 13 companies, including 9 in the last 5 years. A total of 3 acquisitions came from private equity firms. It has also divested 8 assets.

Uber’s largest acquisition to date was in 2019, when it acquired Careem Networks FZ for $3.1B. Uber has acquired in 5 different US states, and 5 countries. The Company’s most targeted sectors include internet software and services (42%) and e-commerce (17%).

Uber Business Overview

Where is Uber headquartered?

Uber is headquartered in San Francisco, California.

What is Uber’s revenue?

Uber disclosed revenue of 37,281M USD for 2023 and 31,877M USD for 2022.

How many employees does Uber have?

Uber has 22,200 employees.

What sector is Uber in?

Uber is an internet software and services company.

When was Uber founded?

Uber was founded in 2009.

M&A Summary

  • M&A Total Activity20
    • M&A Buy Activity12
    • M&A Sell Activity8
  • Total Sectors Invested 5
  • Total Countries Invested 5
  • M&A Buy/Sell Connections 10
  • M&A Advisors 3

Uber

Uber Technologies, Inc.

1515 3rd Street,
San Francisco, California 94158
United States,
(415) 612-8582
www.uber.com

Uber develops, markets and operates a mobile-app-based transportation network. Uber connects passengers with a variety of drivers for both personal and food delivery. Uber was formed in 2009 and is based San Francisco, California.


M&A Summary

Buy vs Sell

Year ≤ '19 '20 '21 '22 '23 '24 T
Buy (1.2/yr) # 6 3 2 - - 1 12
vol $3.2B $2.7B $3.4B $950M $10.2B
Sell (1.0/yr) # 3 3 1 - - 1 8
  20

Most Recent M&A

Company Date Value Type
foodpanda GmbH 2024-05-13 950M USD Divestiture
Berlin, Germany · www.foodpanda.com
Drizly, Inc. 2024-01-15 - Shut Down
Boston, Massachusetts · www.drizly.com
Transplace, Inc. 2021-07-22 2.3B USD Add-on Acquisition
Frisco, Texas · www.transplace.com
Serve Robotics Inc. 2021-03-02 - Spin Off
San Francisco, California · www.serverobotics.com
Drizly, Inc. 2021-02-02 1.1B USD Add-on Acquisition
Boston, Massachusetts · www.drizly.com
Advanced Technologies Group 2020-12-07 - Divestiture
San Francisco, California · www.uber.com/us/en/atg/
Uber Technologies, Inc. - European Freight Business 2020-09-16 - Divestiture
, Germany
Autocab International Ltd. 2020-08-06 - Add-on Acquisition
Cheadle, United Kingdom · www.autocab.com
Routematch Software, Inc. 2020-07-16 - Add-on Acquisition
Atlanta, Georgia · www.routematch.com
Postmates, Inc. 2020-07-06 2.7B USD Add-on Acquisition
San Francisco, California · www.postmates.com
View All >>

M&A by Sector

Sector Buy # Value Sell # Value
Internet Software and Services 5 (42%) 6.7B (66%) 3 (38%) -
E-Commerce 2 (17%) 1.1B (11%) 1 (13%) -
Transportation 2 (17%) 2.4B (23%) 1 (13%) -
Technology Hardware 1 (8%) - 2 (25%) -
Software 2 (17%) - - -
Business Services - - 1 (13%) -
Total 12 $10.2B 8 -

By Geo

State/Country Buy Value Sell Value
United States 8 6.1B 4 -
  California 3 2.7B 2 -
  New York 2 100M - -
  Massachusetts 1 1.1B 1 -
  Texas 1 2.3B - -
  Georgia 1 - - -
  Arizona - - 1 -
Germany 1 950M 1 -
India - - 2 -
China - - 1 -
Mexico 1 - - -
United Arab Emirates 1 3.1B - -
United Kingdom 1 - - -
Domestic 8 (67%) 6.1B (60%) 4 (50%) -
Cross-border 4 (33%) 4.1B (40%) 4 (50%) -
Total 12 $10.2B 8 -

Top M&A Advisors

Financial Deals
Morgan Stanley
1
Legal Deals
Cooley LLP
1
Sullivan & Cromwell
1

Deal Values

buy # Total
> $1B 4 $9.1B
$100M to $1B 1 $950M
< $100M 1 $100M
TOTAL $10.2B
Largest Careem Networks FZ LLC
$3.1B (2019-03-25)

M&A Connections

Deals
Acquired from
Investor(s)
17%
2 (17%)
Strategic(s)
8%
1 (8%)
Divested to
Strategic(s)
75%
6 (75%)

 Subscribe to unlock this and 203,076
investor and company profiles

Sign-up today to get full access

  • check  Unlimited Searches
  • check  Unlimited Profile Views
  • check  Build and Export Lists of
    • PE Backed Companies
    • Direct Investors & Acquirers
    • Advisors
    • Deals
    • & More

What's Mergr?

We built Mergr to save people the arduous and time-consuming process of tracking when companies are bought, sold, and who currently owns them.

Every day, new opportunities emerge around M&A and we help professionals of all types comb through transactions, investors, and corporate acquirers via an easy-to-use web database that is accessible to anyone.

Try us for 1 week free today!

Mergr, the Easiest-to-Use PE and M&A DB


Key Benefits

  • Stay informed on events in your industry
  • M&A research that takes seconds (not all afternoon)
  • Better understand your customers and prospects
  • Discover active buyers (or sellers)
Search
  • 4.6K Private Equity Firms
  • 194K M&A Transactions
  • 199K Companies Involved in M&A
    (Buyer, Seller, or Target)
  • 3.6K M&A Advisors
    (Investment Banks and Law Firms)
  • 75K M&A Contacts
    (PE and M&A Advisors)

Ready to try?

Join FREE for 1 Week

No obligation. Cancel anytime.