Uber to Buy ezCater for $2.3 Billion as Corporate Food Delivery Becomes a Bigger Battleground

Uber agreed to acquire U.S. catering platform ezCater for $2.3 billion in cash on October 6, 2026, as the company expands further into corporate food delivery and looks for higher-value orders that can improve the economics of its delivery business.

The deal comes as Uber continues to build delivery into a larger pillar alongside ride-hailing. Corporate catering is attractive because orders are typically much larger than individual restaurant deliveries and can generate more predictable repeat demand from workplaces.

Uber buys ezCater for $2.3 billion

ezCater specializes in workplace meals, meetings and corporate events. Reuters reported that the platform generated more than $2.5 billion in gross bookings over the previous 12 months and that average orders exceed $400.

That order profile is significantly different from ordinary consumer food delivery, where smaller ticket sizes can make delivery fees and driver costs harder to absorb.

Why corporate catering matters to Uber

Uber can connect ezCater with Uber Eats and Uber for Business, creating a larger ecosystem for companies that already use Uber for employee travel or business transportation.

Workplace catering can also produce recurring demand. A company that places weekly lunch orders, training-session meals or event catering may be more predictable than a consumer who orders occasionally.

The DoorDash competition

DoorDash remains the largest U.S. food-delivery platform by market share. Uber has broader international operations, but competition in the U.S. remains intense.

Buying ezCater gives Uber a stronger position in a segment where order values are larger and where customer relationships can involve corporate contracts rather than one-off consumer transactions.

What the deal says about Uber’s strategy

Uber has spent years trying to prove it can grow while improving profitability. Delivery has become strategically important because it gives the company more ways to monetize its driver network, merchant relationships and membership programs.

Large acquisitions can accelerate growth, but integration risk matters. Uber will need to retain ezCater’s customers, maintain service quality and avoid disrupting the platform’s existing restaurant relationships.

What to watch next

The acquisition is subject to regulatory approval. Investors will watch whether Uber can combine ezCater’s corporate customer base with its existing business products without increasing costs too quickly.

The larger question is whether corporate catering can become a meaningful margin driver and help Uber narrow the delivery gap with DoorDash.

Source

Based on same-day reporting from Reuters.