- Autonomous vehicles developer Yandex NV's YNDX Self-Driving Group forged a multi-year partnership with online and mobile food-ordering and delivery platform GrubHub Inc GRUB for faster and more cost-effective deliveries on the U.S. college campuses.
- The financial terms of the collaboration remain undisclosed.
- Yandex autonomous delivery robots will join GrubHub's robust food delivery platform explicitly built for campus life.
- GrubHub and Yandex SDG will launch delivery by autonomous robots at select campuses later this fall.
- Price action: GRUB shares traded lower by 0.49% at $18.33, and YNDX shares traded lower by 0.91% at $70.67 on the last check Tuesday.
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
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