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

March 2, 2021, 2:38 PM

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.

The new startup will be led by Ali Kashani, who runs the robot deliveries unit for Postmates, which Uber acquired last year. Serve Robotics will start ...

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