Coles Group (ASX:COL) will expand its collaboration with Uber into a nationwide multi-year partnership, and Uber Eats will become Coles' exclusive on-demand delivery partner from December 26, The Australian Financial Review reported Thursday.
The expanded partnership extends beyond Uber Eats' marketplace to also include on-demand delivery for Coles' own e-commerce channels and retail media.
The supermarket group will provide over 50% more groceries for delivery within an hour via Uber, per the report.
(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)
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