v3.21.2
Subsequent Events
6 Months Ended
Jun. 30, 2021
Subsequent Events [Abstract]  
Subsequent Events
Note 17 – Subsequent Events
Pending Acquisition of Transplace
On July 21, 2021, we and our majority-owned subsidiary, Freight Holding, entered into a definitive agreement for Freight Holding to acquire Tupelo Parent, Inc. (“Transplace”), a managed transportation and logistics technology and solutions company operating primarily in North America. The aggregate consideration is estimated to be approximately $2.25 billion, subject to certain adjustments set forth in the definitive agreement. The aggregate consideration is cash and up to $750 million in shares of Uber’s common stock, based on the 10-day volume weighted average price up to the closing date of the transaction. The transaction is subject to regulatory approval and other customary closing conditions and is expected to close in late 2021 or the first half of 2022.