Uber is spinning off Postmates' autonomous delivery division into a separate startup called Serve Robotics. The company inherited the unit when it acquired Postmates last year for $2.65 billion. According to Bloomberg, Uber will invest approximately $50 million in a Series A financing round that will make the company a minority stakeholder in Serve Robotics. The startup will operate independently of its former parent. However, it will maintain a close relationship with the company through a partnership that will see its sidewalk robots deliver groceries and other essentials to Uber customers.
Mar-2-2021, 20:47:00 GMT