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DoorDash and Serve Robotics Partner to Bring Serve's Delivery Robots to the DoorDash Platform
Globenewswire· 2025-10-09 11:30
Core Insights - DoorDash and Serve Robotics have announced a multi-year strategic partnership to implement autonomous robot deliveries across the U.S. [1][3] - This partnership aims to enhance DoorDash's multi-modal delivery platform, integrating various delivery methods to meet growing demand while reducing emissions and traffic congestion [4][5] Company Overview - DoorDash is a leading local commerce platform that has expanded to over 40 countries since its founding in 2013, utilizing technology and logistics to enhance commerce and access to opportunities [8] - Serve Robotics specializes in AI-powered, low-emission sidewalk delivery robots and has completed tens of thousands of deliveries for partners like Uber Eats and 7-Eleven [9] Partnership Details - Los Angeles residents using the DoorDash app may receive deliveries from Serve robots, increasing the volume of orders available for Serve [3] - The partnership builds on Serve's successful delivery track record in cities such as Los Angeles, Miami, Dallas, Chicago, and Atlanta, where it has completed over 100,000 deliveries from more than 2,500 restaurants [4] Strategic Goals - The collaboration is expected to accelerate Serve's vision of providing sustainable and reliable robotic delivery across U.S. neighborhoods [5] - DoorDash aims to optimize its logistics infrastructure by integrating autonomous delivery methods, enhancing efficiency and sustainability in fulfilling orders for consumers and merchants [5]
Why Serve Robotics Stock Popped Today
The Motley Fool· 2025-10-06 16:25
Serve Robotics has a lot of robots. It also has a lot of losses -- and not much revenue.Serve Robotics (SERV 14.94%) stock, which makes autonomous food delivery robots powered by artificial intelligence, surged 11.3% through 11 a.m. ET Monday. And why?This morning, Serve announced it has deployed its 1,000th autonomous delivery robot. Service with 1,000 smilesWithout context, it's hard to know how significant 1,000 robots is, but consider this: Serve deployed more than 380 third-generation robots in Septem ...
Serve Robotics Deploys 1,000th Autonomous Delivery Robot
Globenewswire· 2025-10-06 11:30
SAN FRANCISCO, Oct. 06, 2025 (GLOBE NEWSWIRE) -- Serve Robotics Inc. (Nasdaq: SERV), a leading autonomous sidewalk delivery company, today announced the deployment of its 1,000th third generation robot. Over 380 third generation robots were deployed in September alone, throughout communities across the country. Serve remains on track to hit its goal of deploying 2,000 robots by the end of 2025. To learn more about Serve Robotics, visit www.serverobotics.com. About Serve RoboticsServe Robotics develops advan ...
美股异动 | 机器人概念股走强 Richtech Robotics(RR.US)涨超15%
智通财经网· 2025-10-03 15:56
Core Viewpoint - The U.S. stock market for robotics concept stocks showed strong performance on Friday, with notable gains in several companies [1] Company Performance - Richtech Robotics (RR.US) experienced a rise of over 15% [1] - iRobot (IRBT.US) saw an increase of more than 12% [1] - Serve Robotics (SERV.US) rose by over 6.7% [1]
Serve Robotics Stock Delivers 83 RS Rating
Investors· 2025-09-30 18:16
BREAKING: Tech Futures Rise; Tesla Deliveries Loom One important metric to look for in a stock is an 80 or higher Relative Strength Rating. Serve Robotics (SERV) stock cleared that benchmark Tuesday, with a jump from 79 to 83 Tuesday. Â Looking For The Best Stocks To Buy And Watch? Start Here This exclusive rating from Investor's Business Daily tracks market leadership with a 1 (worst) to… Related news After Soaring 166%, AI Leader Xometry Hits New Highs As Company Turns Profitable 8/29/2025Following a 175% ...
Serve Robotics Brings Autonomous Deliveries To Chicago With Uber Eats
Yahoo Finance· 2025-09-30 15:57
Serve Robotics Inc. (NASDAQ:SERV) announced on Tuesday that it has launched its autonomous sidewalk delivery service in the Chicago metropolitan area, marking its first move into the U.S. Midwest. The expansion builds on deployments in Los Angeles, Miami, Dallas, Fort Worth and Atlanta through the company’s partnership with Uber Eats, the food delivery arm of Uber Technologies Inc. (NYSE:UBER). Beginning Tuesday, Serve Robotics said its sidewalk robots will begin operating in 14 Chicago neighbourhoods, in ...
Serve Robotics Expands to Chicago, Bringing Autonomous Deliveries to the Windy City with Uber Eats
Globenewswire· 2025-09-30 11:30
Expansion into the Midwest creates national scale, with Chicago as newest hubCHICAGO, Sept. 30, 2025 (GLOBE NEWSWIRE) -- Serve Robotics Inc. (Nasdaq: SERV), a leading autonomous sidewalk delivery company, today announced the launch of its service in the Chicago metro area, marking its first expansion into the Midwest. This milestone builds on Serve’s successful rollouts in Los Angeles, Miami, Dallas–Fort Worth, and Atlanta as part of its ongoing collaboration with Uber Eats, the delivery platform of Uber Te ...
Serve Robotics Expands to Chicago, Bringing Autonomous Deliveries to the Windy City with Uber Eats
Globenewswire· 2025-09-30 11:30
Core Insights - Serve Robotics Inc. has launched its autonomous sidewalk delivery service in the Chicago metro area, marking its first expansion into the Midwest [1][5] - The service will operate across 14 neighborhoods in Chicago, providing contact-free delivery from over 100 restaurants to hundreds of thousands of households [3][4] Company Overview - Serve Robotics develops AI-powered, low-emissions sidewalk delivery robots aimed at making delivery sustainable and economical [7] - The company was spun off from Uber in 2021 and has completed tens of thousands of deliveries for partners like Uber Eats and 7-Eleven [7] - Serve has contracts to deploy up to 2,000 delivery robots on the Uber Eats platform across multiple U.S. markets by the end of 2025 [5][7] Strategic Partnerships - The ongoing collaboration with Uber Eats is central to Serve's expansion strategy, enhancing the customer delivery experience [4] - The partnership aims to redefine delivery convenience by integrating autonomous delivery into more neighborhoods [4]
A $450 Billion Opportunity: Is Serve Robotics Stock a Buy Right Now?
The Motley Fool· 2025-09-26 08:11
Core Viewpoint - Serve Robotics' stock has declined following Nvidia's divestment, but the company has significant long-term growth potential in the autonomous last-mile logistics market, projected to reach $450 billion by 2030 [1][3][4]. Company Overview - Nvidia invested $12 million in Serve Robotics between 2022 and 2024, which helped raise its profile on Wall Street [3]. - Serve Robotics develops autonomous delivery solutions, utilizing robots that have achieved Level 4 autonomy, allowing them to operate without human intervention [5]. Market Opportunity - The last-mile logistics sector is viewed as inefficient, with Serve Robotics aiming to capitalize on this by replacing human-driven deliveries with autonomous robots and drones [4]. - The company has a partnership with Uber Eats, deploying 2,000 Gen3 robots across several major cities, including Los Angeles and Miami [7]. Financial Performance - Serve Robotics reported only $642,000 in revenue for Q2 2025, which is low for a company valued at approximately $800 million [8]. - Analysts project Serve's revenue to increase to $3.6 million in 2025, a 99% increase from 2024, with potential to reach $80 million once all robots are operational [9]. Profitability and Cash Position - The company incurred a net loss of $39.2 million in 2024 and burned $33.7 million in the first half of 2025 [10]. - Serve had $183 million in cash at the end of Q2 2025, providing a runway for the next couple of years, but may need additional funding if profitability is not achieved [11]. Valuation Metrics - Serve Robotics has a high price-to-sales (P/S) ratio of 429, significantly higher than Nvidia's P/S ratio of 26 [12]. - If the company achieves its revenue target of $80 million, its forward P/S ratio would drop to around 10, which could be considered attractive [14]. Growth Potential - The addressable market for Serve Robotics is projected to grow to $450 billion by 2030, indicating substantial growth opportunities [15]. - However, the reliability of corporate guidance is uncertain, suggesting that investors may want to wait for evidence of successful scaling of the Gen3 robots before making investment decisions [16].
3 AI Stocks That Could See Short Squeeze Action
Schaeffers Investment Research· 2025-09-23 19:06
Group 1 - Nvidia's multi-billion dollar investment in OpenAI has increased visibility for AI-based companies, benefiting BigBear.ai Holdings and SoundHound AI Inc, while Serve Robotics is experiencing a decline [1] - BigBear.ai Holdings (BBAI) has seen its stock rise 11.7% to $7.90, reaching a three-month high of $8.48, and has surged 55.8% in September, with a year-over-year increase of 407.4% [2] - SoundHound AI Inc (SOUN) is also performing well, with a 3.2% increase to $17.87, marking its seventh consecutive daily gain and a 265% increase over the past year [3] Group 2 - Serve Robotics (SERV) is down 4.4% to $13.14, entering negative territory for 2025, although it has seen gains over the past year and benefits from positive movements in rival companies [4] - Short interest has increased for BBAI (6.9%), SERV (9.2%), and SOUN (2.5%), with current short interest representing 19.9% of BBAI's float, 24.1% of SERV's, and 32.5% of SOUN's [4]