Uber to Expand Uber Eats Service with $2.3 Billion Acquisition of Catering Platform

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1. 1h ago

   Uber Acquires ezCater for $2.3 Billion to Expand Catering

   Uber Technologies has agreed to buy corporate catering platform ezCater for $2.3 billion in cash. The acquisition brings catering services to Uber Eats, aiming to make group food ordering easier and create higher-value orders for restaurants. The deal adds more than 140,000 restaurants and large average orders exceeding $400 to the delivery platform, helping Uber narrow the competitive gap with rival DoorDash in the corporate meal market.

   Why it matters

   The transaction represents part of an ongoing mergers and acquisitions blitz by Uber as delivery platforms push deeper into the corporate catering space. ezCater operates as a leading online catering marketplace based in Boston, connecting workplaces with food providers across the United States. By folding this platform into Uber Eats, the company intends to boost margins through higher-value group orders.

   What is confirmed

   • Uber Technologies agreed to buy corporate catering platform ezCater for $2.3 billion in cash.
   • The acquisition brings catering capabilities to Uber Eats.
   • The deal adds more than 140,000 restaurants and average orders exceeding $400 to boost Uber Eats margins.
   • ezCater is a leading U.S. platform for catering and workplace food based in Boston.

   What to watch next

   • Regulatory approval and closing milestones for the $2.3 billion acquisition
   • Integration timelines for combining ezCater into the Uber Eats application
   Sources used for this update (12)

   1. WSJ — Uber to Expand Uber Eats Service with $2.3 Billion Acquisition of Catering Platform
   2. Bloomberg.com — Uber to Buy Catering Platform EzCater for $2.3 Billion in Cash
   3. Business Wire — Uber to Acquire ezCater as it Brings Catering to Uber Eats
   4. Reuters — Uber bets $2.3 billion on ezCater to narrow gap with DoorDash
   5. The Boston Globe — Uber acquiring Boston online catering market ezCater for $2.3 billion
   6. Restaurant Dive — Uber Eats to buy ezCater for $2.3B
   7. The Information — Uber's M&A Blitz
   8. Nation’s Restaurant News — Uber to acquire ezCater for $2.3B
   9. finance.yahoo.com — Uber’s $2.3B ezCater Deal Continues Push Into Catering by Delivery Platforms
   10. finance.yahoo.com — Uber Adds Catering to Uber Eats With $2.3 Billion ezCater Buy
   11. www.ezcater.com — Uber to Acquire ezCater as it Brings Catering to Uber Eats ...
   12. blockonomi.com — Why Uber (UBER) Just Spent $2.3 Billion on Corporate Meal ...
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