Uber to Buy Catering Firm for $2.3 Billion

AI Summary

Uber plans to acquire ezCater for $2.3 billion in cash, adding workplace catering and meal ordering to its ride-hailing and food-delivery business. ezCater serves businesses ordering meals from restaurants for meetings and events across the country.

Uber is to pay $2.3 billion in cash to buy ezCater, a firm that handles catering and meals in workplaces, the ridehailing and food delivery giant said on Tuesday. EzCater’s service offers businesses a way to order from restaurants across the country, including for meetings and events. The ...