Serve Robotics Inc. (SERV) continued its upward trajectory, soaring 5.20% in the last 24 hours, following a significant 28.6% surge on Thursday. This extended rally comes in the wake of the company's announcement of a multiyear strategic partnership with food delivery giant DoorDash.

The partnership, aimed at expanding Serve Robotics' footprint across the United States, has sparked investor enthusiasm. Serve Robotics, known for its AI-powered autonomous food delivery robots, has already completed over 100,000 deliveries in cities like Los Angeles, Miami, Dallas, Chicago, and Atlanta through an existing partnership with Uber Eats.

The collaboration with DoorDash is expected to significantly increase the volume of orders available for delivery, potentially boosting Serve Robotics' market presence and revenue. This development comes at a time when the company reported $642,000 in sales and delivered 120 robots in its second quarter, aligning with analysts' forecasts.

As the market continues to react positively to this strategic move, investors appear optimistic about Serve Robotics' growth prospects in the expanding autonomous delivery sector. The company's focus on AI-driven technology for sidewalk delivery robots positions it as a notable player in the evolving landscape of food delivery services.