Uber sells entire stake in Serve Robotics…delivery robot partnership cracks

SERV -2.25% GOOG +0.22% DASH +0.96% RIVN -0.62% GRAB -3.15%

1. 1Uber Technologies (UBER) sold its entire stake in long-time partner Serve Robotics in the second quarter
2. 2Serve plans not to renew its deal expiring in early 2027, and quarterly delivery volume via Uber declined for the first time since the 2022 partnership
3. 3The two companies disagree over the autonomous delivery operating model, marking another setback for Uber's autonomous services platform push

Source Bloomberg +1 · View original ↗

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