Uber to acquire ezCater for $2.3 billion to expand Uber Eats into catering
New Delhi, Oct. 6 -- Uber Technologies has agreed to acquire US workplace catering platform ezCater for $2.3 billion in an all-cash transaction, as the ride-hailing and food delivery company seeks to expand Uber Eats into group catering and workplace meals.
Uber, in a press release on Tuesday, said that the acquisition will combine ezCater's catering and business-to-business expertise with Uber Eats' consumer and restaurant network and Uber for Business' relationships with organisations, the companies said in a joint announcement.
ezCater enables businesses to order food from more than 140,000 restaurants across the US and manages workplace meals, meetings, events and recurring catering requirements. The platform generated more than $2....
Click here to read full article from source
इस लेख के रीप्रिंट को खरीदने या इस प्रकाशन का पूरा फ़ीड प्राप्त करने के लिए, कृपया
हमे संपर्क करें.