Uber and Costco Expand Delivery Partnership to 47 States

M&A · Partnership
โดย Zacks Investment Research·US·Read original
Summary · why it matters

Uber Technologies and Costco have significantly expanded their U.S. partnership, making Costco delivery through Uber Eats available to millions of additional customers across 47 states, up from 17 states previously. Nearly 600 Costco locations are now accessible through the Uber Eats platform, offering both on-demand and scheduled delivery of fresh produce, bulk groceries, household essentials and Costco-exclusive merchandise. As part of the expanded partnership, eligible Costco members can receive a 50% discount on an annual Uber One membership during the first year, followed by a 20% discount in subsequent years, while participating Costco stores and Costco.com will offer Uber and Uber Eats gift cards worth $100 for $79.99 for a limited period. Consumers can also purchase a Costco membership directly through Uber Eats for a limited time and receive 30% off their first eligible Costco order, and Uber One members can access delivery without Uber fees on eligible grocery and retail orders exceeding $60. The U.S. expansion builds on the companies' existing international relationship, with Costco also available through Uber Eats in Canada, Mexico, Japan, Taiwan, France and Spain.

Impact on stocks 3

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

Uber Eats adds nearly 600 Costco locations across 47 states, expanding its grocery delivery offering and membership perks

Consumer Staples · 1 stocks
Costco Wholesale Corp
COST
▲ PositiveDemandrelevance

Costco delivery via Uber Eats expands to nearly 600 stores across 47 states, widening customer access to its groceries and merchandise

Consumer Discretionary · 1 stocks