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Serve Robotics stock price rises due to delivery agreement with White Castle
Investing.com – Serve Robotics Inc. (NASDAQ:SERV) stock rose 12% on Wednesday after the company announced a partnership with White Castle to deliver food using autonomous delivery robots on the Uber Eats platform.
Customers within Serve’s delivery area who order White Castle can now receive their meals via Serve’s autonomous sidewalk robots. This partnership expands Serve’s presence on the Uber Eats (NYSE:UBER) platform, which already offers robot delivery services in Los Angeles, Miami, Dallas-Fort Worth, Atlanta, Chicago, Fort Lauderdale, and Alexandria, Virginia.
Serve’s third-generation robots are designed to transport temperature-sensitive orders, including White Castle’s mini burgers, chicken rings, mozzarella sticks, waffle fries, and Crave Cases, while maintaining food quality during delivery.
“White Castle is a legendary brand that helped define fast convenience food. We are excited to bring this tradition into the future,” said Ali Kashani, CEO of Serve Robotics.
Chris Shaffery, Senior Vice President of Restaurant Operations at White Castle, said the partnership offers “an exciting new way to combine convenience, technology, and delicious food, while allowing customers to enjoy their favorite meals in a fun and sustainable manner.”
Automated delivery services are now available to Serve customers through Uber Eats within the operational area, with plans to expand to more U.S. cities in the future.
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