Walmart pulls plug on Uber, Lyft partnerships
Walmart’s online grocery delivery tie ups with ride-hailing services Uber and Lyft have ended, according to a Reuters report. “It is incredibly hard to deliver people and packages together,” a source said. “They are two completely different business models.”
“The decision marks an abrupt end to a business relationship that Walmart and Uber announced with much fanfare less than two years ago. At Walmart's shareholders meeting in June 2016, CEO Doug McMillon touted the company's investments in technology and spoke about the partnerships in front of a cheering crowd of 14,000 employees,” the Reuters report stated.
It added: “Soon after, Uber’s grocery delivery service was launched and expanded to four markets. As recently as March, just before Uber ended the arrangement, Walmart said Uber would be a partner in its plans to deliver groceries to more than 40% of the country. There was clearly some lack of communication there, said one of the sources with knowledge of the partnerships ending.”
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