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Drone Delivery

16 GoKawiil briefs on this topic

Xi Jinping arrives in Washington for Trump summit as Treasury yields climb

Chinese President Xi Jinping landed at Joint Base Andrews and was greeted by President Trump ahead of a summit covering trade, AI and the Iran war, followed by a state dinner. Treasury Secretary Scott Bessent said the U.S. and China agreed to extend their trade truce to January 10, while a Chinese Commerce Ministry spokesperson said the two sides discussed lowering tariffs. Separately, Treasury yields hit multiyear highs and U.S. stock futures fell after a down session on Wall Street.

Lowe's Pilots Drone Delivery With DoorDash and Alphabet's Wing in North Carolina

Lowe's has launched a drone delivery pilot at a store in Matthews, North Carolina, in partnership with DoorDash and Alphabet's Wing. The service offers over 100 products with delivery in as fast as 20 minutes, carrying orders up to about 2.5 pounds within a 5-mile radius, ordered through the DoorDash app.

McDonald's launches drone delivery in Shanghai via Meituan partnership

McDonald's has teamed up with Chinese super-app Meituan to deliver food by drone to designated pickup kiosks in Shanghai's waterfront district. Customers place orders through Meituan, and drones fly meals like Big Macs and McNuggets directly to these collection points within minutes.

Airbound raises $37M Series A to build drones cheaper than trucks

Indian startup Airbound has closed a $37 million Series A round led by Greenoaks, with backing from DoorDash, Lachy Groom, Lightspeed and Humba Ventures, bringing its total funding to nearly $50 million less than a year after an $8.65 million seed round. The company is developing lightweight, tail-sitter drones that take off and land vertically, aiming to carry cargo more cheaply than trucks by minimizing the aircraft's own weight relative to payload.