Serve Robotics up after partnership with Shake Shack to roll out delivery robots

Serve Robotics

14/08/2024 16:11

** Shares of delivery robots company Serve Robotics  SERV.O 
surge 26.7% to $13.14
    ** SERV and Shake Shack  SHAK.N  announced a partnership for
AI robot deliveries via Uber Eats, the delivery platform of Uber
Technologies  UBER.N  
    ** Customers who order from select SHAK resturants in Los
Angeles through Uber Eats, may receive their orders via robots
    ** Co reported Q2 results on Tuesday
    ** SERV reported 385 daily supply hours in Q2, a 106%
increase YoY
    ** Posted Q2 rev of $468,375 vs $62,009 a year earlier
   

 (Reporting by Priyanka.G)
 ((Priyanka.g@thomsonreuters.com))