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Autonomous Tech Source: TechCrunch

Uber Sells Entire Stake in Autonomous Delivery Robotics Firm Serve Robotics

3 min read
Uber Sells Entire Stake in Autonomous Delivery Robotics Firm Serve Robotics

In an unexpected strategic portfolio adjustment, **Uber Technologies** has sold off its entire remaining equity stake in **Serve Robotics**, the sidewalk autonomous delivery company originally spun out of Postmates.

Despite liquidating its equity holdings to optimize balance sheet cash, Uber confirmed that its operational commercial partnership with Serve remains active, with sidewalk robots continuing to fulfill Uber Eats orders in select metropolitan markets.

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Financial analysts view the divestment as part of Uber's broader capital efficiency push, prioritizing core rideshare and freight operations over long-term venture equity holdings.

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