Uber Technologies has agreed to buy ezCater, a US-based catering and workplace meals platform, for $2.3 billion in an all-cash deal. EzCater processed over $2.5 billion in orders in the past year and is profitable on a non-GAAP basis. The acquisition aims to combine ezCater's corporate catering expertise with Uber Eats' global reach, allowing restaurants to access larger orders and new customers, while providing Uber couriers with more earning opportunities. The deal is expected to close soon, pending regulatory approval.
Uber trades at USD 69.21 on Pluang as of Oct 06, 2026 21:31 WIB, down 0.39% in one day. The stock's market cap stands at $141.92 billion with a 52-week high of $100.10. Pluang investors show 59% buy interest amid the acquisition news.
Uber is acquiring ezCater, a leading U.S. catering platform, for $2.3 billion in cash to expand its Uber Eats offerings into large-scale catering and workplace meals. ezCater, founded in 2007, has generated over $2.5 billion in gross bookings in the ...
Uber Technologies is acquiring ezCater, a platform specializing in catering and workplace meals, for $2.3 billion. This acquisition expands Uber Eats' reach into the U.S. workplace food delivery market, leveraging ezCater's network of over 140,000 re...
Uber Technologies is rated a Strong Buy due to strong institutional buying, even though its stock price has dropped about 30% over the past year. The stock is considered undervalued with potential for growth as electric vehicles, ride-hailing, and ro...
