Serve Robotics Stock Surges 12% Today Following Partnership With DoorDash

Customers in Los Angeles who order from select local merchants through the DoorDash app may receive their orders through a Serve robot.

Serve Robotics Inc. (SERV) and DoorDash Inc. (DASH) have announced a long-term partnership aimed at expanding robotic deliveries across the U.S. 

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As part of the deal, customers in Los Angeles who order from select local merchants through the DoorDash app may receive their orders through a Serve robot. This initiative will also considerably increase the volume of orders Serve can fulfill using its autonomous delivery fleet.

Following the announcement, Serve Robotics’ stock traded over 12% higher in Thursday’s premarket and was the third-most trending equity ticker on Stocktwits.  

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