Serve Robotics' Q3: Revenue Surges, Losses Widen

Serve Robotics, known for autonomous sidewalk delivery robots, reported a significant revenue jump in Q3, reaching $687k, but wider loss per share at $0.40, causing shares to dip. Despite this, theyre on track to deploy 2,000 robots by year-end, expanding into Chicago, and expect full-year revenue of over $2.5M in 2025, with a tenfold growth in 2026. They also announced a multi-year partnership with DoorDash, aiming to roll out deliveries nationwide.The Daily News Now! — Every city. Every story. AI-powered. Hosted on Acast. See acast.com/privacy for more information.