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The 26% stock surge indicates strong investor confidence in the partnership with DoorDash, suggesting heightened growth potential similar to historic partnerships in tech-driven companies.
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Serve Robotics partners with DoorDash for deliveries in Los Angeles. CEO emphasizes delivery by robot may surpass robotaxis in market potential. Serve's stock surged 26% after the partnership announcement. The company aims for a shared platform for delivery services. Autonomous delivery robots are witnessing increasing adoption across US cities.
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