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Corporation
AUTOMOTIVE & TRANSPORTATION | Transportation Services / Logistics Services
ups.com

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Investments

5

Portfolio Exits

4

Partners & Customers

10

Service Providers

1

About UPS

UPS (NYSE:UPS) is a global provider in logistics, offering a broad range of solutions including the transportation of packages and freight, the facilitation of international trade, and the deployment of advanced technology to more efficiently manage the world of business.

UPS Headquarter Location

55 Glenlake Parkway NE Office PK 5

Atlanta, Georgia, 30328,

United States

404-828-6000

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Expert Collections containing UPS

Expert Collections are analyst-curated lists that highlight the companies you need to know in the most important technology spaces.

Find UPS in 1 Expert Collection, including Fortune 500 Investor list.

F

Fortune 500 Investor list

590 items

This is a collection of investors named in the 2019 Fortune 500 list of companies. All CB Insights profiles for active investment arms of a Fortune 500 company are included.

UPS Web Traffic

Rank
Page Views per User (PVPU)
Page Views per Million (PVPM)
Reach per Million (RPM)
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UPS Rank

Latest UPS News

Global $5.55 Bn Drone Package Delivery Markets to 2030 with Alphabet, DHL, Zipline, United Parcel Service of America, FedEx, Matternet, Airbus, EHang and Boeing Dominating

Jun 23, 2022

The drone package delivery market is projected to grow from USD 228 million in 2022 to USD 5,556 million by 2030, at a CAGR of 49.0% from 2022 to 2030. Increasing private investments in drones and increase in e-commerce sales and demand for contactless delivery post-pandemic are some of the factors fueling the growth of the market. During the COVID-19 pandemic, various countries have realized the potential of drone technologies and have provided relaxation in terms of their regulation. In addition, the hardware, technology, and services being cost-efficient and easy to access compared to traditional methods have led to the emergence of drone startups and drone delivery service providers in the aviation industry. Based on operation mode, the partial autonomous segment is projected to lead the drone package delivery market during the forecast period. Based on operation mode, the drone package delivery market has been segmented into remotely piloted, partially autonomous, and fully autonomous. With the success of remotely piloted drones, the industry started moving to partially autonomous drones wherein the pilot controls only critical operations. All the functions and working are similar to that of an autonomous drone, but during the flight, it will be under constant or periodic observation by an operator at the ground station. In December 2021, in Palghar (Maharashtra), India, a batch of 300 vaccines was transported from Jawhar to Zaap village, a remote village situated in rugged terrain. The task, which would have otherwise taken more than 40 minutes, was completed in just a little over nine minutes. The delivery was done using an autonomous drone, but an operator was periodically monitoring the drone during its flight in the rugged terrain. Based on duration, the short duration segment is projected to lead the drone package delivery market during the forecast period. Based on duration, the drone package delivery market has been segmented into short duration (<30 minutes) and long duration (>30 minutes). Duration refers to the time taken by drones to deliver packages to customers. According to Flexport, Inc., ecommerce giants such as Amazon.com, Inc. are anticipated to charge a higher service price for drone deliveries within 30 minutes than that for more than 30 minutes. Major delivery drone OEMs, such as Boeing (US) and Wingcopter (Germany), are focusing on the development of drones that can operate for more than 30 minutes on a single charge. Demand for instant delivery of intercity packages is anticipated to drive the growth of the long duration (>30 minutes) segment. The North American and Asia Pacific regions are projected to be high growth potential markets for the drone package delivery during the forecast period. The drone package delivery market in the North American region is expected to witness substantial growth and register the highest CAGR during the forecast period. Rules regarding drone flights in the US have been liberal, paving the way for legal use of drones for delivery in the country's civil & commercial airspace. Many US companies are working to commercialize drone package delivery for food items, pharmaceutical products, logistics, and retail applications. Google-parent Alphabet's Wing is a drone delivery service in partnership with FedEx (US) and Walgreens (US). It delivers select FedEx packages as well as health and wellness products, like over-the-counter medicines, from Walgreens. Wing's drones deliver packages that weigh between two and three pounds right to customers' doorsteps while taking advantage of Wing's ability to improve speed and cut costs The market in Asia Pacific is expected to exhibit highest market share due to the increasing demand for online shopping among the huge population. Major players such as JD.com and Alibaba are investing heavily in this space. Over the past two years, Meituan, one of China's largest internet companies, has flown 19,000 meals to 8,000 customers across Shenzhen, a city with close to 20 million people. Competitive landscape Major players in the drone package delivery market are Alphabet Inc. (US), DHL International GmbH (Germany), Zipline (US), United Parcel Service of America, Inc. (US), FedEx (US), Matternet Inc., (US), Airbus S.A.S. (Netherlands) EHang (China), and The Boeing Company (US). These companies have strong distribution networks in the logistics business across North America, Europe, Asia Pacific and other regions in turn driving the demand for last mile deliveries and drone package deliveries. Premium Insights Platform Segment Projected to Lead During Forecast Period Hybrid Segment Projected to Lead During Forecast Period Short-Range Segment Projected to Lead During Forecast Period <2 Kg Segment Projected to Lead During Forecast Period Short-Duration Segment Projected to Lead During Forecast Period Medical Aids Delivery Segment Projected to Lead During Forecast Period Partially Autonomous Segment Projected to Lead During Forecast Period Asia-Pacific Projected to Grow at Highest CAGR During Forecast Period Market Dynamics Surging Demand for Quick, Instant, Same-Day Delivery, and Emergency Supplies Technological Advancements Like Vtol, Geospatial Mapping, Iot, and Machine Learning Result in Higher Accuracy in Package Delivery Cost-Effectiveness of Drones Compared to Electric Ground Delivery Vehicles Increasing Need to Reduce Carbon Emissions Restrains High Cost of Infrastructure Zipline Drones Used to Deliver COVID-19 Vaccines Transfer of Medical Prescriptions Using Drones from Manna Aero Regulators Approve Brazil's First Drone Delivery Operations Delivery Drones Used to Innovate Supply Chain to Reach Patients in Remote Areas of Malawi Mexico-Based Logistics Company Uses Drones to Deliver Medical Essentials Cargo Drone Field Tests in Amazon Forest in Peru Connected Use Cases Pepsico Delivers Snacks to College Students Using a Fleet of Ground Robots Fedex Delivers Parcels Using Sameday Delivery Bot Domino's Using Ground Delivery Robots to Deliver Pizza Starship Technology Offers Food Deliveries at George Mason University's Fairfax Campus Jd.Com Started Deliveries Using Ai-Equipped Ground Robots Companies Mentioned

UPS Investments

5 Investments

UPS has made 5 investments. Their latest investment was in Arrival as part of their Corporate Minority - II on January 1, 2020.

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UPS Investments Activity

investments chart

Date

Round

Company

Amount

New?

Co-Investors

Sources

1/30/2020

Corporate Minority - II

Arrival

Yes

1

1/22/2019

Corporate Minority - III

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10

11/21/2017

Series A

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$99M

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10

5/9/2016

Grant

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$99M

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10

1/1/2014

Seed

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$99M

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10

Date

1/30/2020

1/22/2019

11/21/2017

5/9/2016

1/1/2014

Round

Corporate Minority - II

Corporate Minority - III

Series A

Grant

Seed

Company

Arrival

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Amount

$99M

$99M

$99M

New?

Yes

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Co-Investors

Sources

1

10

10

10

10

UPS Portfolio Exits

4 Portfolio Exits

UPS has 4 portfolio exits. Their latest portfolio exit was Fast Radius on February 07, 2022.

Date

Exit

Companies

Valuation
Valuations are submitted by companies, mined from state filings or news, provided by VentureSource, or based on a comparables valuation model.

Acquirer

Sources

2/7/2022

Reverse Merger

$99M

6

3/19/2021

Reverse Merger

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$99M

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10

1/25/2021

Divestiture

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$99M

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10

12/2/2020

Acquired

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$99M

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10

Date

2/7/2022

3/19/2021

1/25/2021

12/2/2020

Exit

Reverse Merger

Reverse Merger

Divestiture

Acquired

Companies

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Valuation

$99M

$99M

$99M

$99M

Acquirer

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Sources

6

10

10

10

UPS Acquisitions

11 Acquisitions

UPS acquired 11 companies. Their latest acquisition was Bomi on August 08, 2022.

Date

Investment Stage

Companies

Valuation
Valuations are submitted by companies, mined from state filings or news, provided by VentureSource, or based on a comparables valuation model.

Total Funding

Note

Sources

8/8/2022

Other

$99M

$2.7M

Acq - Pending

2

5/31/2022

$99M

Acquired

1

9/10/2021

Debt

$99M

$63.5M

Acquired

4

11/30/2017

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$99M

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10

5/3/2017

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$99M

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10

Date

8/8/2022

5/31/2022

9/10/2021

11/30/2017

5/3/2017

Investment Stage

Other

Debt

Companies

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Valuation

$99M

$99M

$99M

$99M

$99M

Total Funding

$2.7M

$63.5M

Note

Acq - Pending

Acquired

Acquired

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Sources

2

1

4

10

10

UPS Partners & Customers

10 Partners and customers

UPS has 10 strategic partners and customers. UPS recently partnered with Microsoft on July 7, 2022.

Date

Type

Business Partner

Country

News Snippet

Sources

7/11/2022

Client

United States

1

6/24/2022

Client

United States

1

5/26/2022

Partner

India

IndiGo’s Billionaire Founder Partners UPS For Logistics Venture

Rahul Bhatia-owned InterGlobe Enterprises Ltd. , which owns 37.82 % of IndiGo , has formed a joint venture with UPS for a brand called Movin , J.B. Singh , a director at the Indian partner , said at a press conference in New Delhi Thursday .

1

5/25/2022

Partner

India

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10

5/14/2022

Partner

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10

Date

7/11/2022

6/24/2022

5/26/2022

5/25/2022

5/14/2022

Type

Client

Client

Partner

Partner

Partner

Business Partner

Country

United States

United States

India

India

News Snippet

IndiGo’s Billionaire Founder Partners UPS For Logistics Venture

Rahul Bhatia-owned InterGlobe Enterprises Ltd. , which owns 37.82 % of IndiGo , has formed a joint venture with UPS for a brand called Movin , J.B. Singh , a director at the Indian partner , said at a press conference in New Delhi Thursday .

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Sources

1

1

1

10

10

UPS Service Providers

1 Service Provider

UPS has 1 service provider relationship

Service Provider

Associated Rounds

Provider Type

Service Type

Counsel

General Counsel

Service Provider

Associated Rounds

Provider Type

Counsel

Service Type

General Counsel

Partnership data by VentureSource

UPS Team

29 Team Members

UPS has 29 team members, including current Chief Executive Officer, Carol B. Tome.

Name

Work History

Title

Status

Carol B. Tome

Chief Executive Officer

Current

Brendan G. Canavan

President

Current

Deryl Hill

President

Current

Michael Kiely

President

Current

Dave Barnes

Chief Information Officer

Current

Name

Carol B. Tome

Brendan G. Canavan

Deryl Hill

Michael Kiely

Dave Barnes

Work History

Title

Chief Executive Officer

President

President

President

Chief Information Officer

Status

Current

Current

Current

Current

Current

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