Serve Robotics Extends Autonomous Delivery to Fort Lauderdale

Core Insights - Serve Robotics Inc. is expanding its autonomous delivery service into Fort Lauderdale, Florida, in partnership with Uber Eats, following its success in Miami [1][9] - This expansion aims to enhance the company's presence in a rapidly growing delivery market, providing a sustainable and efficient delivery option for consumers and restaurants [2][3] Company Expansion Strategy - The new service in Fort Lauderdale is part of a broader strategy to deploy approximately 2,000 delivery robots across the U.S. by the end of 2025, with successful launches already in cities like Los Angeles, Chicago, and Dallas-Fort Worth [3][9] - Serve Robotics plans to further expand into Buckhead, GA, and Alexandria, VA, marking its entry into the Washington, D.C. area [6] Partnerships and Market Reach - The company has strengthened its partnerships with Uber and added DoorDash, gaining access to over 80% of the U.S. food delivery market, with its restaurant partnerships increasing to over 3,600 locations, a 45% increase from the previous quarter [5] - New national restaurant partners include Jersey Mike's, alongside ongoing collaborations with Shake Shack and Little Caesars [7] Stock Performance - Serve Robotics' stock has increased by 24.3% over the past three months, outperforming the Zacks Computers - IT Services industry, which saw a decline of 0.1% [8] - The company's growth is attributed to strategic acquisitions, partnerships, and rapid expansion across various industries [8]