Uber to buy ezCater for $2.3B in catering push
What's the deal? Uber has agreed to acquire ezCater, a US corporate catering marketplace, for $2.3 billion in cash. The companies expect the deal to close in the coming months.
What's the endgame? ezCater connects businesses with restaurants and caterers for workplace meals and events. The acquisition pushes Uber beyond individual food delivery and into the corporate catering market.
The signal: Buying a specialist platform outright signals Uber's intent to expand its delivery footprint into higher-value business orders rather than build that segment from scratch.
Read more: sohu.com
Image credit: Generated with Gemini
