Uber Buys ezCater for $2.3 Billion to Expand Uber Eats Into Catering
Uber will buy ezCater for $2.3 billion in cash, adding a U.S. workplace catering marketplace with $2.5 billion in annual gross bookings to Uber Eats division.
Summary
Uber announced on October 6, 2026, that it will acquire ezCater for $2.3 billion in cash, expanding Uber Eats into U.S. catering and workplace meals. Founded in 2007, ezCater operates a marketplace comparable to Expedia for businesses ordering large meals and generated more than $2.5 billion in gross bookings during the previous 12 months. It bootstrapped for seven years before raising its first $4 million round in 2014.
Uber CEO Dara Khosrowshahi said Uber’s reach could bring larger, valuable orders to restaurants and make catering available to millions more customers. The deal extends Uber’s food delivery expansion alongside its pending $15 billion purchase of Delivery Hero and its investments and partnerships with drone delivery companies Zipline and Flytrex. Uber disclosed no closing timetable, integration plan, or ezCater revenue and profitability figures.
Positives
- More than $2.5 billion in ezCater gross bookings over 12 months gives Uber Eats an established position in workplace meals.
- Uber’s reach could expose ezCater’s catering marketplace to millions more customers.
- Larger catering orders could provide restaurants with an additional high-value revenue stream.
- The $2.3 billion acquisition broadens Uber Eats beyond individual meal delivery.
Risks & concerns
- The $2.3 billion all-cash price creates a substantial capital commitment for Uber.
- Uber is pursuing ezCater while also buying Delivery Hero for $15 billion.
- Uber disclosed ezCater’s gross bookings but provided no revenue or profitability figures.
- No closing timetable or integration plan was detailed for the ezCater acquisition.