News Summary

• ezCater lets businesses order food for meetings, events and recurring staff meals from more than 140,000 US restaurants.
• It generated more than $2.5bn in gross bookings over the past 12 months, with growth in the high teens year on year, the companies said.
• The purchase will also help Uber compete with DoorDash, the largest food delivery platform in the US.
• The deal is expected to close in the coming months, subject to regulatory approvals and other closing conditions.