Uber Technologies has sold its entire stake in Serve Robotics, the autonomous sidewalk delivery company, according to regulatory filings and company announcements. The divestment, which occurred in August 2026, ends Uber's financial involvement with the robotics firm.
Serve Robotics, which was spun out of Uber's acquisition of Postmates in 2021, had received significant investment from Uber. However, Uber's decision to exit comes amid a broader strategic review of its investments and a focus on its core ride-hailing and delivery businesses.
Neither company disclosed the financial terms of the sale, but Serve Robotics stated that it remains well-capitalized and will continue its expansion plans. The company's stock experienced volatility following the news, though analysts note that Uber's exit does not affect Serve's operational partnerships with other delivery platforms.
This move aligns with Uber's recent pattern of streamlining its portfolio, having previously divested from other non-core ventures. Serve Robotics continues to operate its delivery robots in several U.S. cities, including Los Angeles and Dallas.
