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0 0 0.000341296928327698 0.00136518771331055 0.00989761092150168 0.0095563139931741 0.00819112627986355 -0.000341296928327577
Stock impact report

Uber signs multi-year deal with Ibotta for US grocery and retail [Yahoo! Finance]

Ibotta, Inc. Class A (IBTA) 
Company Research Source: Yahoo! Finance
The collaboration expands the reach of the Ibotta Performance Network and is intended to give consumer packaged goods (CPG) brands a route to customers at the point of purchase. According to Ibotta, the agreement is Uber's first multi-year exclusive arrangement with a national digital promotions provider. Ibotta added that the deal further extends its presence across third-party grocery delivery services. Under the arrangement, Uber users in the US are expected to see promotions and coupons covering everyday grocery and retail purchases. Ibotta offers are set to launch first inside the Uber Eats app. The companies plan to broaden availability later this year to grocery and retail items across the Uber and Postmates apps. Uber North American grocery and retail head Hashim Amin said: “This collaboration with Ibotta marks a significant step in Uber's commitment to delivering value across every category – from rides to retail. “By joining the industry-leading Ibotta Performance Show less Read more
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