Scenario description
Assume Uber completes its announced $2.3 billion cash acquisition of ezCater by March 31, 2027 on materially the announced terms. Uber obtains ownership and control of ezCater’s workplace meals marketplace and can begin integrating ezCater with Uber Eats and Uber for Business. The reported scope includes ezCater’s more than 140,000 restaurant partners, annual gross bookings above $2.5 billion, average order values above $400, high-teens year-over-year growth, and positive non-GAAP operating income; any later integration costs, customer retention, or profitability effects are not assumed beyond the deal closing itself.