Uber Acquires Catering Platform ezCater in $2.3 Billion Deal

Uber Technologies (UBER) has announced the acquisition of ezCater, a leading U.S.-based catering and workplace meal platform, for $2.3 billion in an all-cash transaction. The move marks Uber's expansion into the food service industry beyond ride-hailing and delivery services like Uber Eats. ezCater operates as a technology-driven intermediary connecting businesses with restaurants to provide meals for office events and daily catering needs. By acquiring ezCater, Uber aims to strengthen its position in the broader on-demand economy by integrating workplace meal solutions into its ecosystem of transportation and food delivery offerings.

By Clark Schultz, SA News Editor · Seeking Alpha ·

Uber Acquires Catering Platform ezCater in $2.3 Billion Deal

Tickers: $UBER

Topics: Corporate Strategy Food Services Technology

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