Costco Takes Delivery Push to New Level

This article first appeared on GuruFocus. Costco Wholesale (NASDAQ:COST) and Uber Technologies (NYSE:UBER) are sharply expanding their U.S. delivery partnership, making Costco available through Uber Eats in 47 states and nearly 600 warehouses. The move gives Costco another way to extend its membership model beyond the physical warehouse while strengthening Uber's push to become a broader everyday-commerce platform rather than simply a ride-hailing and restaurant-delivery app. Is COST fairly valued? Test your thesis with our free DCF calculator.COST GF Value chart The partnership previously covered 17 states.