Uber agrees to buy ezCater for USD 2.3 billion for Uber Technologies stock
Uber Technologies has agreed to acquire ezCater for USD 2.3 billion in stock, a deal announced on October 6, 2026, aimed at expanding its presence in the corporate catering and workplace meal order sectors. The acquisition is expected to close following regulatory approvals and will...
Bullish Signals
- Acquired ezCater for $2.3B to expand corporate catering.
- Q2 revenue hit $14.19B showing strong growth.
- Net income surged to $2.39B in Q2.
- Gross bookings exceeded $58B with 22% YoY rise.
- Non-GAAP EPS rose 35% year over year.
- TTM free cash flow surpassed $10B.