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Home / Business and Economy / Robots Hit Road: Serve Deploys 2,000 Units Early

Robots Hit Road: Serve Deploys 2,000 Units Early

17 Dec

•

Summary

  • Serve Robotics achieved its 2025 goal of deploying over 2,000 robots ahead of schedule.
  • The company's fleet has completed more than 100,000 autonomous food deliveries.
  • Serve Robotics stock is valued at $900 million but trades at a high price-to-sales ratio.
Robots Hit Road: Serve Deploys 2,000 Units Early

Serve Robotics has achieved a major milestone, deploying over 2,000 autonomous delivery robots ahead of its 2025 projection. This accomplishment solidifies its position as having the largest sidewalk delivery fleet in the United States, with an ongoing expansion into major cities and plans for further rollout in early 2026. The company's robots have already completed more than 100,000 deliveries, serving major partners like Uber Eats and 7-Eleven, and have expanded service agreements with DoorDash and Uber.

This early success comes as governmental support for robotics increases, making Serve Robotics an interesting prospect for investors in the automation sector. The California-based startup, spun out of Uber in 2021, specializes in AI-powered, low-emission sidewalk robots designed for last-mile food delivery. Its existing multi-year contracts aim to deploy up to 2,000 robots across various U.S. cities.

Despite its operational achievements, Serve Robotics, with a market cap of approximately $900 million, has seen its stock decline by roughly 20% year-to-date in 2025. The stock currently trades near its 50-day and 200-day moving averages. On a valuation basis, the company appears richly valued, trading at about 37 times expected sales, significantly higher than the industry average, although its price-to-book ratio is in line with sector peers.

Disclaimer: This story has been auto-aggregated and auto-summarised by a computer program. This story has not been edited or created by the Feedzop team.
Serve Robotics has deployed over 2,000 autonomous delivery robots, making it the largest sidewalk delivery fleet in the U.S.
Serve Robotics' fleet has completed well over 100,000 deliveries to date.
Serve Robotics stock shows operational success but trades at a high price-to-sales ratio, making its valuation rich compared to industry averages.

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