The transaction is expected to be margin accretive for Uber, as the target company is already profitable on a non-GAAP operating income basis. ezCater has maintained year over year growth in the high teens with average order values exceeding $400.
Wednesday, October 21, 2026
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Uber Buys ezCater for $2.3B Cash to Expand Corporate Catering
Business15 days ago
The U.S.-based workplace meals platform maintains more than 140,000 restaurant partners and processes annual gross bookings exceeding $2.5B. Uber is acquiring the company, known as ezCater, for $2.3B in cash to integrate its services into Uber Eats and Uber for Business, aiming to secure a larger share of high-value enterprise and group food orders.
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