Costco expands Uber Eats delivery to 47 states from 17

M&A · PartnershipIndustry
โดย GuruFocus·US·Read original
Summary · why it matters

Costco Wholesale Corp. has expanded its Uber Eats partnership to 47 states from 17, bringing delivery from nearly 600 warehouses onto the platform. Customers can order Costco's full assortment through Uber Eats, with members verifying their membership before purchasing. The partnership goes beyond delivery: some Costco members will receive discounts on Uber One, and shoppers will be able to buy Costco memberships directly through the Uber Eats app. Costco gains another way to reach customers who expect groceries and household products at their door, while Uber gains one of America's largest retailers as it pushes Eats beyond restaurant delivery. Competition is intensifying, with DoorDash, Instacart and Amazon already competing heavily for grocery orders and Walmart expanding its own delivery ambitions.

Impact on stocks 7

Consumer Staples▲ · 2 stocks
Costco Wholesale Corp
COST
▲ PositiveDemandrelevance

Costco expanded its Uber Eats delivery partnership to 47 states from 17, reaching more customers with its full assortment.

Artificial Intelligence▲ · 2 stocks
Robotics & Physical AI▲ · 1 stocks
Uber Technologies Inc
UBER
▲ PositiveDemandrelevance

Uber Eats gains one of America's largest retailers as it pushes beyond restaurant delivery, expanding its grocery order base.

Cloud & Digital Infrastructure▲ · 1 stocks
Consumer Discretionary▲ · 1 stocks
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