Rosetta Stone has partnered with Uber
Rosetta Stone has partnered with Uber, which incorporates the company’s language learning services into Uber’s reward system. This mutually beneficial partnership expands the company’s potential consumer-base, while also enables Uber to offer more services within its rewards program. Overall, this newfound partnership will likely increase company performance and enable the company to garner a larger market share. Additionally, this will likely further diversify the company’s product portfolio and possibly help them in gaining more revenue. In conjunction with other product innovations and partnerships, the company is gaining a solid consumer-base.
M&AIn response to volatile demand in the wake of the first COVID-19 surge, the company undertook a comprehensive cost reduction program, aimed at shoring up labor and supply costs.
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