DoorDash (DASH) shares tumbled Thursday after the food delivery firm missed profit estimates and gave a weak outlook. Key Takeaways Analysts at Deutsche Bank and Oppenheimer, who reiterated "buy" or equivalent ratings for the stock following the results, voiced confidence it still has room to rise, though they pared back their targets to $298 and $280, respectively, given the dramatic rise in costs. Even with Thursday's decline, shares of DoorDash have added more than 20% of their value in 2025. Related Edu ...

Coco Robotics is working toward automating its fleet of delivery robots using its millions of miles of collected data. https://t.co/oWqw5a9bVX ...

Core Insights - Serve Robotics, a pioneer in delivery robotics, has received backing from major companies like Nvidia and Uber, but it generated only $1.8 million in revenue last year with 57 daily active robots as it heads into 2025 [3][4]. Company Background - Serve Robotics has an interesting origin story and elite backers, which may help it scale quickly despite its current low revenue [4]. - Uber acquired Postmates for $2.65 billion, which included Serve Robotics as a side project, but later spun it off in 2021, retaining a 12% stake [5][6]. Investment Details - Nvidia invested $12 million in Serve Robotics in 2022 for an 8% stake, focusing on integrating its AI tools into Serve's delivery machines, but cashed out its position in the fourth quarter of last year [7][8]. - Uber continues to hold a 12% stake and has made the largest order for Serve Robotics, indicating ongoing interest in the company's potential [9].

Core Insights - Uber has initiated a partnership with Flytrex for autonomous drone food delivery, marking its first investment in this area [2][3] - The service is set to launch in Uber Eats pilot markets in the U.S. by the end of the year, leveraging Flytrex's drone technology and Uber's logistics capabilities [2][3] - Flytrex has successfully delivered over 200,000 meals in the past three years, highlighting the potential of drone delivery in suburban areas [3] Company Developments - The collaboration combines Flytrex's FAA-authorized drone delivery system with Uber's established logistics network [2] - Uber has prior experience in autonomous delivery, having previously launched robotic delivery operations in the U.S. and Japan [3][4] - The company has partnered with Avirde to utilize sidewalk robots for food delivery in select U.S. cities [5] Industry Trends - The future of delivery is expected to expand beyond food, with potential applications for medications, parcels, and groceries [6] - Robots are anticipated to play a role in reverse logistics, facilitating product returns and local commerce [6][7] - The use of delivery robots is projected to significantly reduce last-mile delivery costs [7]