Uber agreed to purchase ezCater for $2.3 billion in cash and said it expects the transaction to wrap up in the next few months. The target is a privately held company based in Boston that logged gross bookings exceeding $2.5 billion during the past 12 months.
ezCater runs a marketplace companies use to line up food for meetings, events and other gatherings. Its network includes upward of 140,000 restaurants nationwide, and Uber said typical orders on ezCater top $400. The acquisition is designed to open more corporate doors for Uber Eats.
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Uber said its food delivery unit accounts for about nearly half of total gross bookings and has been expanding more quickly than its main ride-hailing business. The move also sets Uber up to better compete with DoorDash, which rolled out workplace catering in April.
The company has been active on the M&A front to broaden its ride-hailing and delivery footprint. Earlier in 2026, before this deal, Uber disclosed five more acquisitions: the delivery operations of Turkish company Getir; SpotHero, a parking app; Blacklane, a chauffeur service; FlyTaxi, a Hong Kong taxi app; and Delivery Hero SE, a German delivery firm.
He said the agreement "continues an M&A strategy that has prioritized the delivery side of the business this year."
Uber is leaning into delivery as a long-term growth engine, adding workplace catering to broaden where and when people order. If the strategy works, it could smooth out demand beyond dinner rushes and deepen ties with corporate customers, which can mean larger, recurring orders.
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