-
Posted by
Two Blokes Mon at 9:30 PM -
Filed in
Stock
-
2 views
Serve Robotics Inc. is eyeing a near-term ramp up of delivery robots with Uber Eats. The business case comes with high uncertainty regarding Serve's utilization target, the business model's profitability potential, and deals past the partnership with Uber. Serve currently burns through a significant amount of cash, but the strong balance sheet after an opportunistic equity raise should support cash burn to the end of 2026.
