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McDonald's and Uber Technologies Expand Global Partnership Across 14 Markets

Stocktwits +1 · ·by G4L

MCD McDonald's Corp
$281.44 +1.78%
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  1. 1McDonald's Corporation and Uber Technologies announced a multi-year global partnership expansion to provide new delivery and loyalty features in 14 markets.
  2. 2Uber Eats will serve as the priority integrated delivery fulfillment partner for McDonald's app orders in participating markets, including the US, UK, Canada, Australia, France, and Germany.
  3. 3At the time of writing, UBER shares rose 1.2%, while MCD shares fell by more than 11% during the same period.

So what's the key point?

McDonald's and Uber have decided to work together on delivery services in several countries. Uber's stock price went up, but McDonald's stock price fell by more than 11 percent.

Source Stocktwits +1 · View original ↗

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