Uber Stock: Uber Eats Partners With Zipline for US Drone Delivery
TLDR
- Uber and Zipline have announced a partnership to bring drone delivery to Uber Eats customers across the US.
- Uber has made a strategic investment in Zipline, though financial details were not disclosed.
- The companies are targeting 1 million drone deliveries per day by end of 2029.
- First deliveries will launch in Ziplineโs existing US markets before expanding to dozens of cities.
- Zipline is valued at $7.6 billion after closing an $800 million Series H round earlier this year.
Uber Technologies and Zipline announced a partnership on Monday to bring autonomous drone delivery to Uber Eats customers across the United States. Uber also made a strategic investment in Zipline, though neither company disclosed the dollar amount.
$UBER is investing in Zipline as the companies expand drone delivery for Uber Eats. The goal is to reach 1M drone deliveries per day by the end of 2029, with Uber expecting faster deliveries over longer distances and drones to become a meaningful growth driver for Eats. pic.twitter.com/i69x7NBf0g
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