Uber Eats Acquires ezCater for $2.3 Billion to Boost Catering Services
Uber Eats acquires ezCater for $2.3B, aiming to boost catering services and compete with DoorDash.
POLICY WIRE — New York, United States — Uber Eats has made a major move in the food delivery sector by acquiring ezCater for $2.3 billion, signaling its intent to expand into the catering industry.
The deal includes a company that serves over 140,000 restaurants across the U.S., including more than 90% of Fortune 500 firms. The acquisition is aimed at strengthening Uber Eats’ position against competitors like DoorDash, which already has a significant presence in business-to-business catering.
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Uber CEO Dara Khosrowshahi emphasized the potential of catering as a lucrative revenue source for restaurants. Last year, ezCater reported $2.5 billion in gross sales, with an average order value exceeding $400. The integration is expected to streamline group and event orders while offering drivers additional earning opportunities.
Reporting by Policy-Wire (PW)





