While the global pandemic already had fundamentally changed business for Uber, the ride-hailing company has further disrupted its own business with the acquisition of Postmates, a rival delivery app. The company will be dealing with both abrupt changes for some time, according to Tom White, the D.A. Davidson Institutional Research Analyst who follows Uber. White addressed the company’s challenges in “Uber earnings: ‘A tale of two businesses’ as Postmates comes on board,” an article for MarketWatch written by Levi Sumagaysay.
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