Mentioned:
DoorDash is betting big on autonomous delivery. And now they’ve just struck a new deal for robot deliveries in the United Kingdom.
What’s happening:
- DoorDash's (NASDAQ: DASH) Deliveroo has formed a new exclusive partnership with Coco Robotics to launch robot deliveries to customers in the United Kingdom
Why it matters:
- Coco Robotics has one of the largest fleets of sidewalk delivery robots in the United States and Europe with roughly 1,300 robots currently operating
Going deeper:
- Deliveroo has publicly stated that they plan to initially launch Coco Robotics deliveries in the Canary Wharf area before expanding to Milton Keynes, Leeds, Stockton-on-Tees and Nottingham
- OpenAI co-founder Sam Altman notably led Coco Robotics $80M USD strategic equity financing round
The intrigue:
- DoorDash has been aggressively ramping up their commitment to being on the leading edge of new ways to deliver items, including just recently winning a Part 135 carrier certification from the Federal Aviation Administration to launch their own drone delivery business known as DoorDash Air
