Uber Technologies' (NYSE: UBER) core business has been decimated during the COVID-19 pandemic, with little reason for people to hail rides. That hasn't stopped the tech stock from positioning itself for life after COVID-19, investing in areas that should continue to grow once lockdowns are lifted.
It's early in the game for these newfound efforts, but with an acquisitive CEO, roughly $9 billion in its coffers , and cost-cutting in the works, Uber could emerge as a leaner, more diversified company once the pandemic is contained.
Image source: Getty Images.