Benzinga | Jul 6, 2021 03:50PM EDT

Yandex Self-Driving Group, GrubHub Collaborate For Robot Delivery On US College Campuses

* Autonomous vehicles developer Yandex NV's (NASDAQ:YNDX) Self-Driving Group forged a multi-year partnership with online and mobile food-ordering and delivery platform GrubHub Inc (NASDAQ:GRUB) for faster and more cost-effective deliveries on the U.S. college campuses.

* The financial terms of the collaboration remain undisclosed.

* Yandex autonomous delivery robots will join GrubHub's robust food delivery platform explicitly built for campus life.

* GrubHub and Yandex SDG will launch delivery by autonomous robots at select campuses later this fall.

* Price action: GRUB shares traded lower by 0.49% at $18.33, and YNDX shares traded lower by 0.91% at $70.67 on the last check Tuesday.