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Uber named the following direct competitors...
"Waymo has already introduced a commercialized ridehailing fleet of autonomous vehicles, and it is possible that our other competitors could introduce autonomous vehicle offerings earlier than we will," the company wrote in the Risk Factors section of its S-1 filing.
Driverless vehicles are important to Uber, in part, because its "business would be adversely affected if drivers were classified as employees instead of independent contractors," it disclosed in the same filing. And it's consistently challenging for Uber to keep drivers loyal to its platform.
Uber also spoke plainly about its losses to date and warned investors that it expects operating costs to increase and that it may not achieve profitability. As of Dec. 31, 2018, Uber had racked up an accumulated deficit of $7.9 billion.
The company also alluded to the wave of scandals and negative press coverage in 2017 that eventually led to the ouster of former CEO Travis Kalanick:
In 2017, the #DeleteUber campaign prompted hundreds of thousands of consumers to stop using our platform within days. Subsequently, our reputation was further harmed when an employee published a blog post alleging, among other things, that we had a toxic culture and that certain sexual harassment and discriminatory practices occurred in our workplace. Shortly thereafter, we had a number of highly publicized events and allegations, including investigations related to a software tool allegedly designed to evade and deceive authorities, a high-profile lawsuit filed against us by Waymo, and our disclosure of a data security breach.
Elsewhere in the filing, Uber notes: "We are on a new path forward with the hiring of our Chief Executive Officer Dara Khosrowshahi in September 2017 following many challenges regarding our culture, workplace practices, and reputation."
Uber's risk factors comprised 48 pages of its 285-page prospectus for investors weighing the company's potential ahead of its IPO, which is expected later this year. Archrival Lyft's risk factors comprised 42 pages of a 220-page prospectus.
Lyft expressed similar concerns in its S-1 filing around its quest to achieve profitability, ability to attract and retain drivers, especially.
Lyft named the following direct competitors...
However, Lyft's business is more limited in scope than Uber's. Lyft is only operating in North America today, and it is primarily concerned with moving people, not food and freight.