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Uber Technologies, Inc. (UBER) Management Presents at Deutsche Bank 29th Annual Media, Internet & Telecom Conference Call Transcript

Mar. 09, 2021 2:25 PM ETUber Technologies, Inc. (UBER) Stock
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Uber Technologies, Inc. (NYSE:UBER) Deutsche Bank 29th Annual Media, Internet & Telecom Conference Call March 9, 2021 9:00 AM ET

Company Participants

Nelson Chai - Chief Financial Officer

Conference Call Participants

Lloyd Walmsley - Deutsche Bank

Lloyd Walmsley

Hello. Good morning, everyone. Welcome to day two of the Deutsche Bank Media, Internet, and Telco Conference. My name is Lloyd Walmsley from the internet research team here at Deutsche Bank, and I'm very excited to welcome Nelson Chai, CFO of Uber to the conference. Nelson, thanks a lot for being here. It's great to have you.

Nelson joined Uber from Warranty Group where he was CEO, prior to that Nelson was President at CIT Group, and before that CFO of Merrill Lynch and NYSE Euronext.

Nelson, again, great to have you. I'll go ahead and let you make just some opening remarks for the conference.

Nelson Chai

Great. Lloyd, thank you very much for having me. First of all, I hope you are all managing through and staying safe and healthy. I'm sure we all hopeful for return to normalcy.

As many are talking about the past year, I thought I would reflect a little to. When I joined Uber two and a half years ago, my hypothesis coming in was it would take multiple years to build the processes disciplined and focused to operate a public global growth company at scale. And I'm very pleased with our progress.

The growth opportunity is proving out, the talent and focus of our employees on our mission and to build has been energizing. And yes, the lift on the management processes has been big.

And while COVID impacted all of us on multiple levels, for Uber, it served as a call to action. I remember in the early days of the lockdowns and the impact it

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