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Pivot Schooled: Uber CEO Dara Khosrowshahi on Ride-hailing and Delivery During a Pandemic

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Tue, Jul 28, 2020 05:13 PM

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The CEO will talk Postmates’ acquisition, Prop. 22, and how he’s viewing the future of the

The CEO will talk Postmates’ acquisition, Prop. 22, and how he’s viewing the future of the company. [Pivot Schooled](=/o03Qd00M800rpH04SNFzuA0) Hi, The reigning gig-economy companies — Uber, Lyft, Airbnb — have at first glance suffered badly from the pandemic-induced downturn. Airbnb delayed its IPO, and the ride-hailing stocks have taken a hit. On the August 19 episode of Pivot Schooled, “The Sharing Capitalists,” Scott and Kara will dive into the business models of these companies — and why their variable cost structure may actually strengthen their market position in the long term. For the Friend of Pivot segment, they’ll interview Uber CEO Dara Khosrowshahi. While revenue from Uber’s core ride-hailing line of business has declined, demand for food delivery is at an all-time high. And Uber recently announced it would [acquire Postmates]( in a $2.65 billion all-stock deal. Together, Uber Eats and Postmates claim 37 percent market share, trailing DoorDash’s 45 percent. If unchallenged, the acquisition will significantly consolidate a previously competitive sector, potentially raising antitrust flags. Kara and Scott will ask Dara all about this acquisition, about California’s labor policies, and how he’s navigating this unique moment. Register now to tune in for the live interview: [GET SCHOOLED]( PS: $20 from every Pivot Schooled ticket sold between June 29 and September 2, 2020, will be used to support communities in crisis. Interested in sponsoring one of our events? Contact our sales team to find the right opportunity for you. This email has been sent to: {EMAIL} Update all of your Recode Live email preferences or unsubscribe [here](. [social_facebook_grey]( [social_twitter_grey]( social_linkedin_grey Vox Media, 1201 Connecticut Ave. NW, Washington, D.C. 20036 Copyright © 2020 Vox Media Inc.

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