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Uber Technologies to Acquire Ezcater for $2.3 Billion

Franchise Times ·

DASH DoorDash Inc
$196.50 +2.50%
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  1. 1Uber Technologies agreed to acquire Ezcater this week for $2.3 billion.
  2. 2Ezcater recorded over $2.5 billion in total gross bookings over the past 12 months.
  3. 3CEO Dara Khosrowshahi said catering could be a major revenue source for restaurants.

So what's the key point?

Uber Technologies has decided to buy Ezcater for $2.3 billion. This creates an opportunity to grow the food delivery business and increase profits.

Source Franchise Times · View original ↗

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