Uber Technologies (UBER) Stock News

Sur La Table is joining the Uber Eats marketplace.

Uber acquires ezCater for $2.3 billion, gaining access to a network of over 140,000 restaurants and $2.5 billion in annual gross bookings. The deal expands Uber Eats into business catering, with average orders exceeding $400. Closing expected in coming months subject to regulatory approvals.

Uber Technologies will acquire ezCater, a business catering and workplace meals platform, for $2.3 billion in cash. The deal gives Uber Eats access to ezCater's network of more than 140,000 restaurants and over $2.5 billion in annual gross bookings. Uber says the business is profitable on an adjusted operating income basis and margin accretive. Integration into Uber Eats and Uber for Business is planned. The transaction is expected to close in the coming months.

Uber Technologies is acquiring ezCater, a platform that simplifies ordering food for groups. The deal is expected to enhance Uber Eats' corporate and group dining capabilities. No financial terms were disclosed.

Uber CEO Khosrowshahi buys $10M in stock, first open-market purchase since 2022.

Uber Technologies is shutting down its services in Nigeria effective immediately, following a review of its operations in the West African nation, according to Bloomberg.

Uber Technologies is introducing a new safety feature that lets parents or guardians watch a video livestream of their teenager's ride, per Bloomberg. The feature is designed to enhance transparency and safety for younger riders.

Uber riders in select Dubai areas can now be matched with Baidu's fully driverless Apollo Go RT6 robotaxis through UberX, Uber Comfort, or the new Autonomous option.