TechThe Information1h ago
Uber's M&A Blitz
TL;DRUber bought catering company ezCater for $2.3 billion to expand its food delivery empire.
Why it matters: Consolidation signals tech giants are betting delivery's future lies in B2B markets, not just consumer apps.
We’re well into the growth-through-acquisition era in the food-delivery industry. Uber’s $2.3 billion purchase of business catering firm ezCater, unveiled on Tuesday, comes just a few weeks after DoorDash snapped up a college campus meal-delivery business for $300 million from…
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