Free Trial

Delivery robots with Russian ties pulled from 2 US campuses

This Feb. 20, 2018, file photo shows the Grubhub app on an iPhone in Chicago. On Thursday, March 3, 2022, Grubhub said that it is ending its partnership with Russian tech company Yandex and pulling 100 Yandex-made food-delivery robots from the campuses of Ohio State University in Columbus, Ohio, and the University of Arizona in Tucson, Arizona. Chicago-based Grubhub said it is working with both campuses to find alternatives. (AP Photo/Charles Rex Arbogast, File)

Two U.S. university campuses are losing their food-delivery robots for now because of Russia's invasion of Ukraine.

Grubhub said Thursday that it is ending its partnership with Russian tech company Yandex and pulling 100 Yandex-made food-delivery robots from the campuses of Ohio State University in Columbus, Ohio, and the University of Arizona in Tucson, Arizona. Chicago-based Grubhub said it is working with both campuses to find alternatives.

Grubhub had been using the robots to deliver food on campus at Ohio State since August. The company launched robot delivery at the University of Arizona last November. The company says it was doing 1,000 deliveries a day between the two campuses.

Yandex is Russia’s largest internet search and ride-hailing company. Toby Snuggs, head of sales for the Yandex Self-Driving Group, confirmed the split with Grubhub and said the robots will be sent to other locations outside the U.S. where Yandex has operations.

“It is a real shame that we can’t continue with this great project we embarked on in the U.S. campus space with Grubhub as we all know it was having a really positive impact to the student body,” Snuggs said.

Earlier this week, ride-hailing giant Uber said it was trying to speed up a planned divestment of its shares in Yandex.Taxi, Yandex's mobility business. Uber holds a 29% stake in Yandex.Taxi, worth about $800 million. Uber said three of its executives who were on Yandex.Taxi's board have also resigned.

In a regulatory filing Thursday, Yandex noted that the Moscow-based company and its executives haven't been targeted with specific sanctions because Yandex doesn't operate in the defense, aerospace or maritime sectors.

The Nasdaq stock exchange suspended trading of Yandex shares last week.

Should You Invest $1,000 in Uber Technologies Right Now?

Before you consider Uber Technologies, you'll want to hear this.

MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Uber Technologies wasn't on the list.

While Uber Technologies currently has a Moderate Buy rating among analysts, top-rated analysts believe these five stocks are better buys.

View The Five Stocks Here

Metaverse Stocks And Why You Can't Ignore Them Cover

Thinking about investing in Meta, Roblox, or Unity? Enter your email to learn what streetwise investors need to know about the metaverse and public markets before making an investment.

Get This Free Report
Like this article? Share it with a colleague.

Companies Mentioned in This Article

CompanyMarketRank™Current PricePrice ChangeDividend YieldP/E RatioConsensus RatingConsensus Price Target
Uber Technologies (UBER)
4.8968 of 5 stars
$76.07+2.5%N/A16.68Moderate Buy$90.94
Compare These Stocks  Add These Stocks to My Watchlist 

Featured Articles and Offers

Recent Videos

Congress Cashes In on Stocks—Here’s How You Can Too!
5 Stocks to BUY NOW in March 2025
Archer Aviation: Sinking Now, Soaring Soon?

Stock Lists

All Stock Lists

Investing Tools

Calendars and Tools

Search Headlines