Uber to Offer Airport Shuttles, Adds Costco as Partner
- Uber Shuttle priced at a fraction of usual cost of rideshares
- Shares of rival Instacart slid on news of Uber’s Costco deal
Uber headquarters in San Francisco.
Photographer: Michaela Vatcheva/BloombergThis article is for subscribers only.
Uber Technologies Inc. is launching shuttle bus services to and from airports, concert venues and sports stadiums. The delivery company separately announced that Costco Wholesale Corp. is joining as a grocery partner on its delivery platform, Uber Eats.
Until now, same-day Costco delivery was only available via rival Instacart. The announcement sent shares of Instacart, which trades as Maplebear Inc., down as much as 7%. Uber gained as much as 2%.