GoKawiilUber acquires ezCater for $2.3 billion to expand catering services
Uber has announced the acquisition of ezCater, a major U.S. catering platform, in a cash deal valued at $2.3 billion. Founded in 2007, ezCater connects businesses with large meal orders and reported over $2.5 billion in gross bookings in the past year. Uber aims to leverage this purchase to increase revenue streams for restaurants and broaden its food service offerings.