Serve Robotics Builds 2,000 Autonomous Delivery Robots, Creating Largest Sidewalk Delivery Fleet in the U.S.
Rhea-AI Summary
Serve Robotics (NASDAQ: SERV) announced it has deployed more than 2,000 autonomous delivery robots, creating the largest sidewalk delivery fleet in the U.S. The company said its active fleet grew twentyfold since the start of 2025 and that it met its 2025 deployment goal on time, on plan, and on budget.
Serve highlighted expansion across major U.S. markets including Los Angeles, Atlanta, Dallas-Fort Worth, Miami, Fort Lauderdale, Chicago and Alexandria, Va., launch of Gen 3 robots, service in 110 high-density neighborhoods, and a reported 99.8% completion rate for deliveries. Partnerships include national and local restaurants, retailers, and delivery platforms such as Uber Eats and DoorDash.
Positive
- 2,000 robots deployed, largest U.S. sidewalk fleet
- Active fleet grew 20x since start of 2025
- 99.8% completion rate for deliveries
- Service launched in 110 high-density neighborhoods
- Introduced Gen 3 robots to support higher-volume operations
Negative
- None.
News Market Reaction
On the day this news was published, SERV declined 5.60%, reflecting a notable negative market reaction. Argus tracked a peak move of +2.2% during that session. Our momentum scanner triggered 19 alerts that day, indicating notable trading interest and price volatility. This price movement removed approximately $60M from the company's valuation, bringing the market cap to $1.02B at that time.
Data tracked by StockTitan Argus on the day of publication.
Key Figures
Market Reality Check
Peers on Argus
SERV up 5.16% while peers are mixed: RR +12.77%, NNE +8.55%, THR +1.84%, GHM +0.20%, KRNT -0.97%. Moves appear company-specific rather than broad sector rotation.
Historical Context
| Date | Event | Sentiment | Move | Catalyst |
|---|---|---|---|---|
| Dec 05 | Market expansion | Positive | +3.8% | Fort Lauderdale launch with Uber Eats expanding South Florida delivery footprint. |
| Nov 12 | Earnings update | Positive | +1.4% | Q3 2025 revenue growth, fleet scale past 1,000 robots, liquidity of $210M. |
| Oct 15 | Earnings preview | Neutral | +6.4% | Announcement of Q3 results date and investor call/webcast details. |
| Oct 14 | Industry recognition | Positive | -0.1% | Named to Fast Company list and highlighted Gen3 robot performance and DoorDash deal. |
| Oct 10 | Equity offering | Negative | -15.7% | Announcement of $100M registered direct common stock offering under Form S-3. |
Stock has generally reacted positively to operational milestones and earnings updates, while financing events prompted notable downside.
Over the last three months, SERV announced multiple milestones: expansion into Fort Lauderdale on Dec 05, 2025, Q3 2025 results on Nov 12, 2025 featuring rapid revenue and fleet growth, and industry recognition on Oct 14, 2025 for its third-generation robots and new DoorDash collaboration. A $100 million registered direct offering on Oct 10, 2025 led to the sharpest negative reaction. Today’s announcement confirms the previously stated goal of deploying 2,000 robots by year-end has been met.
Market Pulse Summary
The stock moved -5.6% in the session following this news. A negative reaction despite this operational milestone would contrast with past responses where expansion and earnings updates often coincided with gains. The company has now surpassed 2,000 robots with a 99.8% completion rate across multiple cities, yet the stock remains 47.23% below its 52-week high. Prior capital-raising activity and insider selling could weigh on sentiment, making investors more cautious even on seemingly positive progress.
Key Terms
level 4 autonomy technical
last-mile delivery technical
last-mile logistics technical
zero tailpipe emissions technical
unit economics financial
AI-generated analysis. Not financial advice.
Active fleet grew twentyfold in one year, fueled by expanding partnerships with top restaurants, retailers, and delivery platforms
SAN FRANCISCO, Dec. 12, 2025 (GLOBE NEWSWIRE) -- Serve Robotics Inc. (Nasdaq: SERV), a leading autonomous sidewalk delivery company, today announced that it has officially achieved its 2025 goal of deploying more than 2,000 delivery robots, creating the largest sidewalk delivery fleet in the U.S. as demand for safe, sustainable, and cost-efficient last-mile delivery continues to accelerate. This milestone represents the company delivering on its 2025 goals on time, on plan, and on budget.
The achievement reflects Serve’s rapid expansion across key U.S. markets, including Los Angeles, Atlanta, Dallas-Fort Worth, Miami, Fort Lauderdale, Fla., Chicago and Alexandria, Va. with additional cities launching in early 2026. The company has expanded its fleet twentyfold since the start of the year, propelled by growing partnerships with national and local restaurant brands, retailers, and delivery platforms including Uber Eats and DoorDash.
“This milestone is a testament to the strength of our technology and our ability to scale quickly, efficiently and safely,” said Ali Kashani, co-founder and CEO of Serve Robotics. “The difference between delivering value versus hype in AI comes down to real-world application. Crossing 2,000 robots enables millions of deliveries to customers and makes delivery more accessible, affordable, and environmentally friendly.”
Serve’s robotic fleet is designed to operate with Level 4 autonomy in complex urban environments, navigating sidewalks, intersections, and other infrastructure with industry-leading safety performance, achieving a
The company’s growth comes amid rising interest in automation to strengthen last-mile logistics, reduce delivery wait times, and create more reliable unit economics for merchants.
“As we continue to expand our fleet size, we are also expanding use cases for our technology. The market opportunity for autonomous and electric sidewalk robot delivery is huge and right now, we're only seeing the tip of the iceberg,” Kashani added. “Groceries, convenience, small parcels, and return logistics are all a natural fit. Anywhere you find frequent, short-distance deliveries, autonomous technology can create real value. Over the next five years, we expect Serve robots to become a ubiquitous part of local logistics, powering a wide range of delivery types as cities rethink how goods move.”
In 2025 alone, Serve expanded service zones in every existing market, launched in 110 high-density neighborhoods across the United States, and introduced its Gen 3 robots to support higher-volume operations.
To learn more about Serve Robotics, visit www.serverobotics.com.
About Serve Robotics
Serve Robotics develops advanced, AI-powered, low-emissions sidewalk delivery robots that endeavor to make delivery sustainable and economical. Spun off from Uber in 2021 as an independent company, Serve has completed tens of thousands of deliveries for enterprise partners such as Uber Eats and 7-Eleven. Serve has scalable multi-year contracts, including a signed agreement to deploy up to 2,000 delivery robots across multiple U.S. markets.
For further information about Serve Robotics (Nasdaq:SERV), please visit www.serverobotics.com or follow us on social media via X (Twitter), Instagram, or LinkedIn @serverobotics.
Safe Harbor Forward-Looking Statements
This press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Serve intends such forward-looking statements to be covered by the safe harbor provisions for forward-looking statements contained in Section 21E of the Exchange Act. These forward-looking statements can be about future events, including statements regarding Serve's intentions, objectives, plans, expectations, assumptions and beliefs about future events, including Serve's expectations with respect to the financial and operating performance of its business, its capital position, and future growth. The words "anticipate", "believe", "expect", "project", "predict", "will", "forecast", "estimate", "likely", "intend", "outlook", "should", "could", "may", "target", "plan", “on track” and other similar expressions can generally be used to identify forward-looking statements. Indications of, and guidance or outlook on, future earnings or financial position or performance are also forward-looking statements. Any forward-looking statements in this press release are based on management's current expectations of future events and are subject to a number of risks and uncertainties that could cause actual results to differ materially and adversely from those set forth in or implied by such forward-looking statements. Risks that contribute to the uncertain nature of the forward-looking statements include those risks and uncertainties set forth in Serve's Annual Report on Form 10-K for the year ended December 31, 2024, filed with the United States Securities and Exchange Commission (the "SEC") and in its subsequent filings filed with the SEC. All forward-looking statements contained in this press release speak only as of the date on which they were made. Serve undertakes no obligation to update such statements to reflect events that occur or circumstances that exist after the date on which they were made.
Contacts
Media
Aduke Thelwell, Head of Communications & Investor Relations
Serve Robotics
press@serverobotics.com
Investor Relations
investor.relations@serverobotics.com
A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/1c77b785-0a0a-49d5-a2d0-dc84d8baee72
FAQ
How many robots has Serve Robotics (SERV) deployed as of December 12, 2025?
What growth did Serve Robotics report for its active fleet in 2025 (SERV)?
What completion rate did Serve Robotics report for its deliveries (SERV)?
Which U.S. markets did Serve (SERV) expand into by December 12, 2025?
What product update did Serve Robotics announce to support higher-volume operations (SERV)?
Which delivery platforms did Serve Robotics cite as partners in the December 12, 2025 announcement (SERV)?
