Core Insights - Serve Robotics Inc. has launched its autonomous delivery service in the Dallas-Fort Worth metro area, marking a significant step in its plan to deploy 2,000 AI-powered delivery robots across the U.S. by the end of 2025 [1][7] Company Expansion - The service is now operational in the Uptown neighborhoods, reaching over 22,000 new households, allowing customers to receive meals via Serve's robots through the Uber Eats app [2][4] - The partnership with Uber Eats includes local merchants and extends to national partners like Shake Shack, enhancing the delivery options available to customers [2][5] Market Context - Dallas-Fort Worth is the fourth-largest and one of the fastest-growing metro areas in the U.S., with a well-developed sidewalk infrastructure that supports innovation [4] - Serve Robotics has established relationships with local stakeholders to ensure a smooth rollout, which is expected to create new jobs and contribute to the local economy [4] Technological Impact - Serve Robotics focuses on developing advanced, AI-powered, low-emissions delivery robots aimed at making delivery sustainable and economical [7] - The company has completed tens of thousands of deliveries for partners like Uber Eats and 7-Eleven, indicating a strong operational foundation [7] Future Plans - Following the Dallas-Fort Worth launch, Serve Robotics plans to expand into additional U.S. markets throughout 2025, building on recent expansions in Los Angeles and Miami [5]

Expansion highlights joint commitment to providing sustainable, efficient last-mile delivery solutions nationwide MIAMI, April 2, 2025 /PRNewswire/ -- Coco Robotics, the world's leading food delivery robotics company, announced today that it's launching operations in Miami, starting with delivery partner Uber Eats (NYSE: UBER). This announcement marks Coco's entry into the Southeast market. The service will initially launch in the Wynwood neighborhood and Downtown Miami, with plans to expand to Brickell and ...

When it comes to ride-sharing in the U.S., there are only two choices for consumers and investors: Uber (UBER 0.24%) and Lyft (LYFT 2.99%).The two companies have been rivals since their early days, and while Uber has long been the market leader, Lyft has been a steady innovator in the space and held its own despite predictions that it would fall by the wayside.Investors interested in the ride-sharing industry are likely to choose one or even both of these companies, as they're exposed to the same kind of op ...

Group 1 - WeRide, the first global robotaxi company, has announced a strategic partnership with Uber and the Dubai Roads and Transport Authority (RTA) to launch robotaxi autonomous driving services in Dubai, marking a significant milestone in the globalization of autonomous driving [1][2] - Since launching robotaxi services in Abu Dhabi in 2021, WeRide has established a leading position in the Middle East's autonomous driving sector, having received the UAE's first autonomous driving license in July 2023, allowing for testing and operation across public roads [1][2] - The partnership aims to convert 25% of Dubai's transportation to autonomous driving by 2030, as part of RTA's commitment to integrating top global technology companies into its transportation strategy [2][3] Group 2 - The collaboration will see WeRide's robotaxi services integrated into Uber's platform in Dubai, providing users with a seamless autonomous driving experience while exploring data compliance, safety protocols, and regulatory frameworks [2][3] - Uber's global head of autonomous driving and delivery operations emphasized the importance of this partnership in advancing the commercial application of autonomous technology and contributing to the vision of smart cities in the UAE [3]

In the U.S., Uber Technologies (UBER 0.25%) and DoorDash (DASH 0.25%) dominate the food delivery business. Of the two, DoorDash claims the most market share in online food delivery, placing it far ahead of Uber Eats and likely leading some investors to assume that it could be an obvious choice between the two. Nonetheless, Uber earns the majority of its revenue from ridesharing, a business that offers market leadership in a valuable niche and more diversification than DoorDash. Thus, investors should take a ...

The Zacks Rank system, spanning from #1 (Strong Buy) to #5 (Strong Sell), boasts an impressive track record of outperformance, audited externally, with #1 ranked stocks yielding an average annual return of +25% since 1988. Over the last 30 days, the Zacks Consensus EPS estimate has moved 0.12% higher. Uber Technologies currently has a Zacks Rank of #2 (Buy). With respect to valuation, Uber Technologies is currently being traded at a Forward P/E ratio of 28.68. This indicates a premium in contrast to its ind ...

For more than a decade, Uber has redefined personal mobility, becoming a cultural shorthand for convenient, on-demand transportation. The company's growth trajectory has been remarkable, with its monthly active platform consumers (MAPCs) now exceeding 170 million -- more than double the 80 million it reported in 2018. In 2024, the company facilitated 11.3 billion trips worldwide, which generated $44 billion in net revenue, up 18% year over year. It's not just its ride-sharing service fueling this momentum. ...

Uber has teamed with Petco to offer pet owners home delivery via Uber Eats.The partnership, announced Thursday (March 27), makes all Petco locations in the contiguous United States available on Uber Eats for deliveries of pet food, toys, treats and other items.“People are more connected and committed to their pets today than ever before,” Steve Janowiak, Petco’s vice president of digital, said in a news release. “We’re thrilled to partner with Uber Eats and give pet parents another easy way to get the trust ...

Billionaire Bill Ackman is the CEO of Pershing Square Capital Management, a hedge fund that returned 210% in the past five years. Comparatively, the S&P 500 (^GSPC -1.12%) advanced 101% during the same period. Those market-beating results make Ackman a good source of inspiration for individual investors.Since January, Ackman has bought more than 30 million shares in a robotaxi stock that has soared 145% in the past two years. I'm not referring to Tesla, though the company also plans to launch an autonomous ...

Uber Technologies, Inc. UBER and Sally Beauty Holdings, Inc. SBH have launched a partnership, marking Uber Eats’ inaugural national beauty collaboration.This alliance allows customers to access Sally Beauty’s wide range of professional hair care and color products directly through Uber Eats, providing beauty lovers with the convenience of having their preferred items delivered right to their doorstep.Customers can now easily browse and purchase a range of beauty essentials, including hair care for all types ...