Uber is preparing to deepen its footprint in workplace food delivery by purchasing American catering platform ezCater for USD 2.3 billion in an all-cash agreement. Unveiled on Tuesday, October 6, 2026, the acquisition integrates ezCater’s corporate food operations into Uber’s broader food delivery ecosystem, merging it alongside Uber Eats and Uber for Business.
The firms noted that the purchase aims to fortify Uber’s standing in the enterprise dining sector while providing restaurants with pathways to larger, more lucrative orders.
Uber Targets Corporate Catering Market
Established in 2007, ezCater links companies with eateries and catering providers for office meals, meetings, business functions, and regular food schedules. The platform currently collaborates with upward of 140,000 dining establishments throughout the United States.
This acquisition gives Uber immediate access to a market sector characterized by orders significantly larger than standard consumer food delivery. The companies report that ezCater’s average order value exceeds USD 400.
ezCater Brings USD 2.5 Billion in Bookings
Over the preceding 12 months, ezCater produced more than USD 2.5 billion in gross bookings, with year-over-year growth rates reaching the high teens. Additionally, Uber pointed out that the enterprise operates profitably on a non-GAAP operating income basis.
This financial standing plays a crucial role in Uber’s motivation for the purchase. The corporation anticipates the buyout will be margin-accretive, signifying that ezCater should bolster Uber’s earnings following the finalization of the deal.
Uber Plans to Combine Business Networks
Uber intends to merge ezCater’s business-to-business and catering specialization with the restaurant network of Uber Eats and the corporate client connections of Uber for Business.
Such a union could enable companies to handle office dining, functions, and group requests via a more comprehensive Uber platform. Concurrently, restaurants stand to secure larger catering requests and fresh enterprise clients.
Uber CEO Dara Khosrowshahi stated that catering presents a substantial revenue prospect for dining establishments, whereas ezCater CEO Nihad Rahman remarked that the firm’s knowledge base will mesh well with Uber’s network of buyers, vendors, and delivery workers.
Also Read: Uber Cuts 3,300 Jobs, Tightens Work-From-Home Rules
Deal Awaits Regulatory Approval
Pending standard closing conditions and regulatory clearance, the purchase is anticipated to finalize in the months ahead. Financial advisory for Uber is being handled by JPMorgan, while Evercore acts as an advisor for ezCater.
This transaction aligns with Uber’s broader strategy to scale up its delivery operations. In July, the company agreed to purchase Delivery Hero’s foodpanda assets across select regions for USD 14.8 billion, reinforcing its emphasis on expanding international delivery services.
