Uber’s $2.3 Billion ezCater Deal Puts Delivery Margins in Focus
Uber (NYSE: UBER) has agreed to buy ezCater for $2.3 billion, expanding workplace catering as investors assess delivery margins and cash use.
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Uber (NYSE: UBER) has agreed to buy ezCater for $2.3 billion, expanding workplace catering as investors assess delivery margins and cash use.
Uber shares rose after stronger-than-expected bookings guidance offset a $1.5 billion hit to net income from equity revaluations in Q1.