Uber to Acquire ezCater for $2.3 Billion
UBER Uber Technologies Inc
$69.08 -0.58%
View chart & analysis → - 1Uber announced a $2.3 billion all-cash deal to acquire ezCater.
- 2ezCater recorded over $2.5 billion in total bookings over the past 12 months.
- 3ezCater's average order value exceeding $400 distinguishes it from typical restaurant delivery.
So what's the key point?
Uber has agreed to buy a company called ezCater for $2.3 billion. This is significant because the company handles large transactions, with an average order value of over $400.
Source The Wall Street Journal +7 · View original ↗
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