Uber, Zipline partner on US drone delivery for Uber Eats

Aug 17 (Reuters) - Uber ‌Technologies and ​Zipline ​announced a partnership on Monday to bring autonomous drone delivery to ‌Uber Eats customers across the United States.

The ⁠tie-up was accompanied by Uber making a strategic ‌investment in the drone ‌delivery company.

• The companies said they aim to reach 1 million drone deliveries per ​day by the end of 2029, with the first deliveries beginning later ⁠this year.

• The service will first launch in Zipline's existing ​U.S. markets before expanding to dozens of additional cities.

• Uber declined to comment ​on Reuters' request seeking ‌financial details of its investment in Zipline.

• Zipline, which operates in ⁠four continents, has made 2 million deliveries so far. The company was most recently valued ⁠at $7.6 billion after raising $800 million earlier this year.

• The ​Zipline deal is similar to Uber's partnership with drone firm Flytrex last year, which also included an ‌investment.

• Zipline has been expanding its U.S. footprint, with commercial partners ‌including Walmart, as well as more than ⁠a dozen restaurant ‌brands such as ​Panera, Chipotle and Wendy's.

(Reporting by Akash Sriram in Bengaluru; Editing by Shilpi ‌Majumdar)

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