Uber Sells Entire Stake in Serve Robotics
The complete divestment signals the end of Uber's direct involvement with Serve Robotics, following a period of declining delivery volumes through Uber and a broader pattern of Uber investing in and partnering with numerous autonomous vehicle companies.
Reporting from 1 source: GIGAZINE.
Uber has sold all of its shares in Serve Robotics, according to a filing with the U.S. Securities and Exchange Commission. The sale, which had been underway for at least a year, came as a surprise to Serve Robotics, which learned of the full divestment only after the official announcement. Uber had previously partnered with Serve Robotics to deploy up to 2,000 delivery robots across the U.S.
Uber has sold all of its shares in Serve Robotics, according to a filing with the U.S. Securities and Exchange Commission. The sale had been in progress for at least a year, with Uber planning to reduce its stake in 2025. However, sources say the final full divestment was unexpected for Serve Robotics, which learned of the sale only after the official announcement.
Serve Robotics began as Postmates X, the robotics division of delivery startup Postmates, which Uber acquired in 2020 for $2.65 billion. The division spun off as Serve Robotics in 2021. Uber partnered with the company in 2022 and expanded the partnership in May 2023, announcing plans to deploy up to 2,000 autonomous delivery robots across the U.S.
In its Q2 2026 earnings call, Serve Robotics noted that delivery volumes through Uber had increased for 17 consecutive quarters from Q1 2022 to Q1 2026, but reversed in Q2 2026 due to lower-than-expected robot utilization, hinting at Uber's move to end the relationship.
Synthesized by Yomimono from the 1 cited source below, including Japanese-language reporting where cited, then editorially reviewed before publishing.
Sources
- GIGAZINE Uberがロボット企業Serve Roboticsの全株式を売却