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Zipline hits $21.5B valuation as Walmart expands bet on drone delivery

Zipline, a drone delivery startup, has reached a $21.5 billion valuation after raising $1.5 billion and expanding its partnership with Walmart to include 300 new drone delivery sites across the US.

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  • ✓ Zipline's valuation is $21.5 billion.
  • ✓ Zipline raised $1.5 billion.
  • ✓ Zipline and Walmart are adding 300 new drone delivery sites.
🛡️ Source Corroboration: 9 independent reporting domains (100% confidence) ⏱ Read time: ~1 min

What changed

Zipline's valuation increased to $21.5 billion after raising $1.5 billion and adding 300 new drone delivery sites in partnership with Walmart.

Live updates

  1. Zipline hits $21.5B valuation as Walmart expands drone delivery

    Zipline, a drone delivery startup, has reached a $21.5 billion valuation after raising $1.5 billion and expanding its partnership with Walmart to include 300 new drone delivery sites across the US.

    Why it matters

    This development highlights the growing interest in drone delivery technology and Walmart's efforts to enhance its logistics and delivery capabilities. Zipline's partnership with Walmart is a significant example of the retail giant's investment in innovative delivery solutions. The expansion of drone delivery services is expected to improve delivery times and increase accessibility to customers in various regions.

    What is confirmed

    • Zipline's valuation is $21.5 billion.
    • Zipline raised $1.5 billion.
    • Zipline and Walmart are adding 300 new drone delivery sites.

    What to watch next

    • Zipline's future financial performance
    • Expansion of drone delivery services to new regions
    • Walmart's adoption rates of drone delivery
    Sources used for this update (11)
    1. finance.yahoo.com — Yahoo Finance - Stock Market Live, Quotes, Business & Finance News
    2. techcrunch.com — TechCrunch | Startup and Technology News
    3. Bloomberg.com — Zipline Tops $21 Billion Valuation, Adds 300 Walmart Drone Sites
    4. TechCrunch — Zipline hits $21.5B valuation as Walmart expands bet on drone delivery
    5. Yahoo Finance — Zipline raises $1.5 billion to expand drone delivery
    6. Walmart — Walmart Expands Nation’s Largest Retail Drone Delivery Operation with 300 New Zipline Sites
    7. WSJ — Zipline Valuation Soars as Drone Startup Raises Funds, Expands Walmart Deal
    8. techcrunch.com — Zipline hits $21.5B valuation as Walmart expands bet on drone ...
    9. www.techstars.com — Zipline Hits $21.5B Valuation as Walmart Takes Drone Delivery ...
    10. www.yolcy.com — Zipline hits $21.5B valuation as Walmart expands bet on drone ...
    11. www.techstars.com — Zipline Hits $21.5B Valuation as Walmart Takes Drone Delivery Nationwide
    confidence 100%
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