Uber Spins Off Robotic Delivery Unit, Takes Stake in New Startup

This is the latest effort by Uber to reach profitability
The former Postmates unit will be called Serve Robotics

Watch: Ali Kashani, CEO of Serve Robotics, discusses how robot food delivery works and when we can expect to see it being used universally. (Source: Bloomberg)

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By Lizette Chapman

March 2, 2021 at 2:00 PM UTC

Updated on

March 2, 2021 at 2:38 PM UTC

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Uber Technologies Inc. is spinning out Postmates’ delivery robot operation into a separate startup, marking another chapter in the ride-hailing giant’s attempts to narrow its focus and become profitable.

Uber will co-lead what’s likely to be a $50 million investment in the new delivery startup, Serve Robotics, which will bring food, groceries and other items to Uber customers without human intervention. Uber will be a minority shareholder in Serve Robotics, the companies told Bloomberg.