Uber has sold its entire stake in Serve Robotics, the autonomous delivery robot company spun out of Postmates X after Uber's 2020 acquisition. The exit comes as the two companies have diverged, with Uber citing lower-than-expected robot utilization causing delivery volume through its platform to reverse after 17 consecutive quarters of growth.
Background
Serve Robotics originated from Postmates X, Uber's robotics division acquired in 2020 for $2.65 billion. Uber partnered with Serve in 2022 to deploy autonomous sidewalk delivery bots, scaling to up to 2,000 robots across U.S. markets.
- Source
- TechCrunch
- Published
- Aug 12, 2026 at 04:02 AM
- Score
- 6.0 / 10