Uber Technologies, Inc. (NYSE:UBER) may look for M&A. Prashanth Mahendra-Rajah said, "We will also maintain appropriate level of liquidity in part to support our expanding marketplace. We target strong investment-grade ratings by our debt ratios. And as part of our focus on value creation for shareholders, we may continue to selectively evaluate M&A opportunities.

But let's be clear, it's a high bar and would need to bring meaningful strategic value and be financially accretive".