UBER TECHNOLOGIES, INC FILES (8-K) Disclosing Other Events

Item 8.01 Other Events.

On September 27, 2021, Aleka Insurance, Inc. ("Aleka"), a wholly-owned
subsidiary of Uber Technologies, Inc. ("Uber"), entered into a Loss Portfolio
Transfer Reinsurance Agreement (the "LPTA") with James River Insurance Company
and James River Casualty Company, both wholly-owned subsidiaries of James River
Group Holdings, Ltd. ("James River").

Pursuant to the LPTA, Aleka will reinsure certain automobile liability insurance
risks relating to activity on the Uber platform between 2013 and 2019 in
exchange for payment by James River to Aleka of a premium in the amount of
approximately $345.1 million ("Premium"). In connection with the LPTA, claims
currently administered by James River will be transferred to a third-party
claims administrator for ongoing handling. Uber expects to record expenses
associated with this transaction in the third quarter of 2021, which will be
excluded from the quarter's Adjusted EBITDA. The Premium and assets presented as
Collateral Held by Insurer on Uber's consolidated balance sheet as of June 30,
2021 will be deposited into trusts and presented as restricted cash, with an
associated benefit to cash flows from operations in the third quarter of 2021.

Forward-Looking Statements

This Form 8-K contains forward-looking statements regarding our future business
expectations which involve risks and uncertainties. Actual results may differ
materially from the results predicted, and reported results should not be
considered as an indication of future performance. Forward-looking statements
include all statements that are not historical facts and can be identified by
terms such as "anticipate," "believe," "contemplate," "continue," "could,"
"estimate," "expect," "hope," "intend," "may," "might," "objective," "ongoing,"
"plan," "potential," "predict," "project," "should," "target," "will," or
"would" or similar expressions and the negatives of those terms. Forward-looking
statements involve known and unknown risks, uncertainties and other factors that
may cause our actual results, performance or achievements to be materially
different from any future results, performance or achievements expressed or
implied by the forward-looking statements. These risks, uncertainties and other
factors relate to, among others: the outcome of a tax case before the UK tax
authority related to classification as a transportation provider, developments
in the COVID-19 pandemic and the resulting impact on our business and
operations, competition, managing our growth and corporate culture, financial
performance, investments in new products or offerings, our ability to attract
drivers, consumers and other partners to our platform, our brand and reputation
and other legal and regulatory developments, particularly with respect to our
relationships with drivers and couriers. For additional information on other
potential risks and uncertainties that could cause actual results to differ from
the results predicted, please see our Annual Report on Form 10-K for the year
ended December 31, 2020 and subsequent quarterly reports and other filings filed
with the Securities and Exchange Commission from time to time. All information
provided in this Form 8-K is as of the date of this Form 8-K and any
forward-looking statements contained herein are based on assumptions that we
believe to be reasonable as of this date. Undue reliance should not be placed on
the forward-looking statements in this Form 8-K, which are based on information
available to us on the date hereof. We undertake no duty to update this
information unless required by law.