UNITED STATES OF AMERICA —Global mobility and delivery provider Uber Technologies, Inc. has entered into a definitive agreement to acquire ezCater, Inc. in an all-cash transaction valued at 2.3 billion US dollars. The deal integrates ezCater's business-to-business corporate dining and catering network into Uber's delivery platform. The transaction is slated to close in the coming months, pending customary regulatory clearances and closing requirements.
Uber Technologies, Inc. is a NYSE-listed multinational platform operating across ride-hailing, food delivery, freight, and enterprise mobility logistics globally. ezCater, Inc. is a United States corporate catering marketplace that partners with over 140,000 restaurants nationwide to provide workplace dining management and event meal logistics for corporate clients.
The target company achieved more than 2.5 billion US dollars in gross bookings over the trailing twelve-month period, delivering high-teens year-over-year revenue growth while maintaining profitability on a Non-GAAP operating income basis. With ezCater reporting average order values exceeding 400 US dollars, the acquisition establishes a high-margin enterprise stream for Uber by combining ezCater's corporate food ordering tools with Uber Eats' courier logistics and Uber for Business's corporate account network.
The acquisition highlights a major strategic expansion into high-value B2B delivery segments, where larger ticket sizes and scheduled corporate orders provide higher unit economics than individual consumer deliveries. For corporate clients, restaurant partners, and food service operators, the unified platform consolidates workplace food procurement while offering merchants access to larger order volumes and expanded corporate demand channels across the United States.
