{
  "id": 12422780,
  "title": "Uber-ezCater deal: Why Uber is spending $2.3 billion on corporate catering",
  "url": "https://urgent.news/2026/10/06/uber-ezcater-deal-why-uber-is-spending-2-3-billion-on-corporate",
  "topic": "business",
  "section": "Business",
  "published": "2026-10-06T16:50:09.000Z",
  "source": {
    "name": "Hindustan Times - World News",
    "slug": "hindustan-times-world-news",
    "url": "https://www.hindustantimes.com/world-news/us-news/uberezcater-deal-why-uber-is-spending-2-3-billion-on-corporate-catering-101791303598547.html"
  },
  "original_language": "en",
  "account": "Uber Technologies has announced a $2.3 billion acquisition of the US corporate catering platform ezCater. This move is part of Uber's strategy to expand its delivery business, which recently became its fastest-growing major business segment. ezCater, founded in 2007, allows businesses to order food in bulk for events and workplace meals, rather than individual meals. In the past year, ezCater generated over $2.5 billion in gross bookings, with the average order worth more than $400. The acquisition will combine ezCater's catering business with Uber Eats' restaurant network and Uber for Business' corporate customers. This will enable Uber to offer a more comprehensive food-ordering service to companies using its existing delivery network. Additionally, the deal strengthens Uber's business-focused segment, which has seen a 40% growth in second-quarter gross bookings. With Uber Eats dominating the global food delivery market, DoorDash remains the largest US player. By acquiring ezCater, Uber aims to close this gap and attract more food-delivery customers. The deal also provides Uber with larger orders that can boost margins, as the average ezCater order is worth more than $400. This acquisition is part of Uber's broader strategy to expand its delivery operations, coming just months after Uber's $14.8 billion purchase of Delivery Hero. Together, these deals demonstrate Uber's significant investment in growth for its delivery business, which currently accounts for about 37% of the company's total revenue.",
  "summary": "Uber will buy ezCater for $2.3 billion to expand corporate catering, grow Uber Eats and strengthen its delivery business with high-value orders.",
  "key_points": [
    "Uber acquires ezCater for $2.3 billion",
    "ezCater generates $2.5B in gross bookings annually",
    "Acquisition expands Uber's food-delivery service"
  ],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 1,
    "also_reported_by": []
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}