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Uber spins off robotic delivery unit, takes stake in new startup By Lizette Chapman Bloomberg,Updated March 2, 2021, 12:31 p.m. Email to a Friend A screen displays On Delivery on top of a Postmates Serve autonomous delivery robot during a product demonstration in West Hollywood, California.David Swanson/Bloomberg Uber Technologies is spinning out Postmatesâ delivery robot operation into a separate startup, marking another chapter in the ride-hailing giantâs attempts to narrow its focus and become profitable. Uber will co-lead what s likely to be a $50 million investment in the new delivery startup, Serve Robotics, which will bring food, groceries and other items to Uber customers without human intervention. Uber will be a minority shareholder in Serve Robotics, the companies told Bloomberg. ....
Uber spins off robotic delivery unit, takes stake in new startup bnnbloomberg.ca - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from bnnbloomberg.ca Daily Mail and Mail on Sunday newspapers.
Uber planning to spin out Postmates’ delivery robot arm Another Uber spinout is in the works. Postmates X, the robotics division of the on-demand delivery startup that Uber acquired last year for $2.65 billion, is seeking investors in its bid to become a separate company, according to several people familiar with the plans. The startup is being referred to as Serve Robotics, a nod to the yellow and black-emblazoned autonomous sidewalk delivery bot that was developed and piloted by Postmates X. The Serve robot, which recently partnered with Pink Dot Stores for deliveries in West Hollywood, will likely be the centerpiece of the new startup. ....
Share this article Share this article LOS ANGELES, Jan. 15, 2021 /PRNewswire/ Tolago Hard Seltzer was conceptualized late in 2019 and - pandemic notwithstanding - was canned less than nine months later, in August 2020. The accelerated launch was an incredible feat for a small, ambitious team, and included creating the concept, formulating the juice, designing packaging, sourcing everything from fully recyclable aluminum cans to 100% organic, fair trade agave nectar, lining up all commercial partnerships, creating an e-commerce presence, and launching to capture the attention of highly sought-after California consumers. Tolago is based on all-natural ingredients, including ethically sourced fresh fruit juices, pur?es, and natural botanicals from California, as well as fair-trade certified 100% organic agave nectar from Mexico. ....