Uber Technologies Inc. will acquire U.S. catering platform ezCater for $2.3 billion in an all-cash deal. The acquisition aims to expand Uber's food delivery and workplace meals business by integrating ezCater's catering expertise with Uber Eats' restaurant network and Uber for Business's corporate customer base. The deal is expected to close in the coming months, pending regulatory approval.
The acquisition allows Uber to significantly expand its presence in the corporate catering market, potentially driving substantial revenue growth through larger order values and a broader customer base for both Uber Eats and its restaurant partners.
Uber Technologies Inc. announced on Tuesday, October 6, 2026, that it has entered into an agreement to acquire U.S. catering platform ezCater for $2.3 billion in an all-cash transaction. The deal is intended to expand Uber's food delivery and workplace meals business.
ezCater, founded in 2007, provides a platform for businesses to order food from over 140,000 restaurants nationwide for corporate events, meetings, and workplace meals. Its services include tools for managing orders and food spend, along with 24/7 customer support.
The acquisition will integrate ezCater's catering and B2B expertise with Uber Eats' global consumer reach and Uber for Business's relationships with organizations. This integration is expected to enable restaurants to grow through larger orders and attract new diners, while offering couriers on Uber Eats new earning opportunities. ezCater generated over $2.5 billion in Gross Bookings over the trailing twelve months, with an average order value exceeding $400, and is profitable on a Non-GAAP Operating Income basis.
Dara Khosrowshahi, CEO of Uber, stated that catering is a significant business and a substantial revenue stream for restaurants, expressing enthusiasm for bringing ezCater's platform to more customers. Nihad Rahman, CEO of ezCater, highlighted the company's position as a leading platform for workplace catering and a growth channel for restaurant partners.
The transaction is subject to regulatory approvals and other customary closing conditions, with an expected closing in the coming months.
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