Uber announced it is acquiring ezCater, a U.S.-based catering platform, in an all-cash deal valued at $2.3 billion. The acquisition, revealed on October 6, 2026, aims to expand Uber Eats’ offerings into the catering and workplace meals segment. EzCater has generated over $2.5 billion in gross bookings in the past 12 months, marking a significant addition to Uber’s food delivery portfolio, according to techcrunch.com.
EzCater, founded in 2007, operates as a marketplace connecting businesses with catering providers, similar to an Expedia for catering services. The company remained bootstrapped for seven years before raising its first funding round of $4 million in 2014. Uber CEO Dara Khosrowshahi described the acquisition as an opportunity to help restaurants access larger customers and increase revenue streams through catering orders. This move follows Uber’s ongoing expansion in food delivery, including its $15 billion acquisition of Delivery Hero and investments in drone delivery firms like Zipline and Flytrex, techcrunch.com reported.
The deal positions Uber to tap into the sizable catering market, which represents a new revenue avenue beyond traditional food delivery. EzCater’s platform, which facilitates large meal orders for workplaces, complements Uber Eats’ existing consumer-focused services. The acquisition reflects Uber’s strategy to diversify its food delivery business amid growing competition. Comparable deals in the sector highlight the increasing value of platforms that connect businesses with food service providers, as seen in Uber’s recent investments and acquisitions, according to techcrunch.com.
The acquisition of ezCater is expected to close later this year, integrating the platform into Uber Eats’ ecosystem. Uber’s expansion into catering underscores its commitment to broadening its food delivery reach, with ezCater’s $2.5 billion gross bookings providing a substantial boost to its market presence, techcrunch.com confirmed.