Serve Robotics, a company backed by Uber and Nvidia, debuted on the stock exchange after completing a reverse merger with Patricia Acquisition Corp. The company aims to fund its growth through public offerings and expects significant revenue and profit growth fueled by investments generated through going public. Serve plans to expand its robot fleet for sidewalk deliveries in multiple U.S. cities and increase revenue through targeted ads on its robots.
Keyword: Serve Robotics, reverse merger, robot delivery, Uber, Nvidia, public offering, revenue growth, robot fleet expansion, sidewalk deliveries, ad revenue
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Last edited on: May 7, 2024 at 09:14 pm