Uber agrees to buy ezCater for $2.3 billion

Uber Technologies agreed October 6 to buy ezCater for $2.3 billion in cash. The proposed acquisition would pair the workplace catering platform with Uber Eats' consumer and restaurant reach and Uber for Business's corporate relationships. The companies expect closing in the coming months, subject to regulatory approvals and customary conditions. Transaction announcement

ezCater's average order exceeds $400, the companies said. It generated more than $2.5 billion in gross bookings over the preceding 12 months, growing in the high teens year over year. Gross bookings reflect order value, rather than ezCater's revenue. The companies described ezCater as profitable on a non-GAAP operating-income basis.

The platform lets businesses order from more than 140,000 restaurants nationwide and manage workplace food spending, according to the announcement. It serves one-off meetings and recurring employee meal programs, with 24/7 customer support.

From employee choices to one restaurant order#

Uber already serves workplace meals through its U.S. group-ordering product. A business sets meal policies, including delivery locations and frequency. A team member covered by the policy can start an order, then share a link so colleagues can make their own selections. The administrator submits the completed order to the restaurant.

The organizer can set a spending limit for each person, schedule the order ahead of time or make it recur for a regular office lunch. Payment can come from one person or from the participants separately, according to Uber's documentation.

Participants can track the order online or in the app. Uber says group-order capacity varies with the restaurant's size, available stock and the complexity of the food.

Catering can change the menu, too#

Five Guys offers a concrete example of the restaurant work on the other side of a workplace order. In its January 13, 2026 announcement, ezCater said approximately 800 U.S. Five Guys locations were joining the platform.

ezCater helped Five Guys adapt its menu for workplace buyers. The offerings ranged from small-group bundles to larger build-your-own bars, with burgers, hot dogs, sandwiches and fresh-cut fries among the choices.

Those formats give the organizer different ways to feed a group. A bundle packages the order for a smaller gathering; a build-your-own bar lets people assemble their meals at the workplace. The choice of serving format becomes part of the restaurant's catering offer alongside the food itself.

Customers could place catering orders through ezCater's website or app, giving workplace buyers access to the chain's group menu.

From food purchase to expense report#

For the workplace buying the meal, the purchase also becomes an expense-management task. ezCater's April 28, 2026 launch announcement describes how its Concur Expense integration connects food purchases to the employer's expense-management process.

ezCater says the integration automatically sends employees' food receipts to Concur Expense. If an order changes or is refunded, a correction receipt follows automatically. Organizations can enable the connection for the entire company in one step, rather than requiring each employee to set it up.

The integration also gives finance teams an organization-wide view of ezCater orders and expenses.