Error: Cannot find module 'serve' when running gulp

[sryze]

Describe the bug

$ gulp
module.js:549
    throw err;
    ^

Error: Cannot find module 'serve'
    at Function.Module._resolveFilename (module.js:547:15)
    at Function.Module._load (module.js:474:25)
    at Module.require (module.js:596:17)
    at require (internal/module.js:11:18)
    at Object.<anonymous> (E:\Sources\amp-by-example\gulpfile.js:20:15)
    at Module._compile (module.js:652:30)
    at Object.Module._extensions..js (module.js:663:10)
    at Module.load (module.js:565:32)
    at tryModuleLoad (module.js:505:12)
    at Function.Module._load (module.js:497:3)

node_modules/serve/bin/serve.js and other files under serve/ do exist.

To Reproduce
Steps to reproduce the behavior:

1. clone the repo
2. npm install
3. gulp

$ gulp --version
[16:11:33] CLI version 2.0.1
[16:11:33] Local version 4.0.2

$ node --version
v8.11.1

OS: Windows 10