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Serve Robotics erased its Grubhub rally in a single session after a shocking guidance cut spooked investors, but the company insists robot delivery demand is accelerating even as its biggest delivery partner quietly backs away.
Serve Robotics said on Monday it is partnering with Grubhub to fulfill orders on the food delivery platform using its sidewalk delivery robots, tapping a new marketplace days after its years-long tie-up with Uber Eats fell through. The San Francisco-based robotics company, known for its boxy, four-wheeled robots delivering Uber Eats and DoorDash orders, said its tie-up with Grubhub will initially launch in Chicago, Los Angeles and Alexandria. The partnership comes as Serve is set to lose its Uber delivery alliance early next year.
Revenue guidance slashed as Uber partnership faces likely termination in 2027.
(Bloomberg) -- Uber Technologies Inc. has divested from long-time partner Serve Robotics Inc. as the two companies clash over how to deploy delivery robots, the latest setback in Uber’s push to facilitate autonomous services on its platform.Most Read from BloombergFive Takeaways From Zuckerberg’s 6,500-Word Manifesto on AIChina Unleashes $28 Trillion Capital Markets to Challenge US in AINvidia Taps Wall Street for $500 Billion Funding CommitmentTrump Makes Sweeping New Demands on Iran as Deal Ho
Investor demand for humanoid robots just shattered records that SpaceX, Snowflake, and Facebook never came close to touching. Here are the five publicly traded robotics stocks best positioned to capture that fever before it cools.
Moby summary of Serve Robotics Inc.'s Q2 2026 earnings call
Serve Robotics (NASDAQ:SERV) reported second-quarter revenue growth but sharply reduced its full-year outlook after delivery volume through Uber declined for the first time in 17 quarters, prompting the company to reassess the future of the partnership and redirect resources toward other channels.
CDW (CDW) delivered earnings and revenue surprises of +3.93% and +5.07%, respectively, for the quarter ended June 2026. Do the numbers hold clues to what lies ahead for the stock?
Serve Robotics, operator of a fleet of urban delivery robots, is expanding beyond food delivery to laundry delivery.
Serve Robotics (NASDAQ:SERV) reported sharply higher first-quarter 2026 revenue and reiterated its full-year outlook, as management said the company is shifting from building out its robot fleet toward improving utilization, revenue per robot and operating leverage across food delivery and healthcar
Moby summary of Serve Robotics Inc.'s Q1 2026 earnings call
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