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SAN FRANCISCO - Grocery chain Aldi has partnered with Uber Technologies, Inc. (NYSE:UBER), a prominent player in the ground transportation industry with a market capitalization of $204 billion, to offer its products through the Uber Eats delivery platform, the companies announced Thursday. According to InvestingPro data, Uber has demonstrated strong momentum with a 62% year-to-date return.
The collaboration brings more than 2,500 Aldi locations nationwide to the Uber Eats app, allowing customers to order groceries for on-demand or scheduled delivery. Notably, Aldi becomes the first retailer on Uber Eats to accept SNAP-EBT payments nationwide at launch. This expansion aligns with Uber’s robust revenue growth of 18% in the last twelve months, as reported by InvestingPro, which maintains a "GREAT" overall financial health rating for the company.
Customers can shop a curated selection of Aldi-exclusive products through the app, including organic produce, meats, gluten-free snacks, and wine and beer at select locations. The service also includes Aldi’s weekly special offerings.
"At Aldi, we continually strive to make shopping easier and more affordable for the communities we proudly serve," said Dave Rinaldo, Chief Operating Officer at Aldi USA, in a press release statement.
To promote the launch, Uber Eats is offering 40% off Aldi orders of $30 or more (up to $25) with the code ALDIUBER25 through December 31, 2025. Uber One members will receive free delivery on eligible orders.
The partnership expands Uber’s grocery delivery footprint, adding a retailer known for its value-focused approach. Hashim Amin, Head of Grocery & Retail, North America at Uber, emphasized the importance of the SNAP-EBT integration, noting it makes "grocery delivery even more accessible for more people."
Additionally, Uber Eats and Aldi will host pop-up sampling events in New York, Miami, and Chicago throughout October, where customers can try and order exclusive Aldi products before they reach store shelves. For investors interested in Uber’s growth trajectory and detailed financial analysis, InvestingPro offers comprehensive research reports with expert insights on this and 1,400+ other US stocks.
In other recent news, Lucid Group Inc has delivered its first Uber-exclusive robotaxi vehicle to Nuro, marking the start of a partnership with Uber and Nuro to develop a robotaxi service. This collaboration includes Uber’s $300 million strategic investment in Lucid, with plans to deploy over 20,000 Lucid Gravity electric SUVs for ridesharing by late 2026. Meanwhile, Lyft’s stock price target was raised from $20 to $26 by Benchmark, following Lyft’s new partnership with autonomous vehicle company Waymo. This move is seen as a significant step in challenging Uber’s dominance in the autonomous vehicle sector.
Uber Technologies Inc has announced a strategic partnership with Flytrex, Inc. to launch drone delivery for Uber Eats, with pilot programs expected by the end of 2025. Additionally, Designer Brands Inc has partnered with Uber Eats to offer footwear and accessories from nearly 500 DSW stores across the U.S., available for on-demand delivery. In another development, Waymo received permission to start autonomous vehicle operations at San Francisco International Airport, which could impact Uber and Lyft’s airport business. These recent developments highlight significant shifts in partnerships and technological advancements within the ridesharing and autonomous vehicle industries.
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