The catering platform will expand Uber Eats’ large order business, which has become a significant opportunity in recent quarters. Dive Brief: Dive Insight: EzCater currently partners with over 140,000 restaurants and generated over $2.5 billion in gross bookings over the trailing 12 months, according to the company, and it has grown in the high teens …
Category Archives: Capital
Uber bets $2.3 billion on ezCater to narrow gap with DoorDash
Oct 6 (Reuters) – Uber Technologies (UBER.N), opens new tab said on Tuesday it would buy US catering platform ezCater in an all-cash deal for $2.3 billion, its latest move to strengthen delivery, the company’s fastest-growing business segment. The deal comes months after Uber agreed in July to buy German firm Delivery Hero in a $14.8 billion transaction aimed …
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Uber’s $14.8B Delivery Hero deal would nearly double its global footprint
After weeks of speculation, Uber officially agreed to acquire Delivery Hero, a purchase that will take the ride-hailing and delivery giant’s status to new heights, and to nearly 100 markets across Europe, the Middle East, Latin America, and Asia. German-based Delivery Hero also made a separate agreement to sell its business in 14 markets, where …
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DoorDash to buy Grubhub Campus Dining for $300M from Wonder
Dive Brief: Dive Insight: Purchasing the program gives DoorDash a significant source of data and new touchpoints with young consumers. Grubhub’s campus dining program, once known as Tapingo, is live at upwards of 450 campuses. The system lets students order meals from campus foodservice and restaurant locations for pickup through its apps and pay for …
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DoorDash and Wonder Announce Strategic Partnership
September 15, 2026 Broad partnership includes DoorDash’s $300 million purchase of Grubhub Campus Dining and $125 million investment in Wonder’s Series D SAN FRANCISCO & NEW YORK–(BUSINESS WIRE)– DoorDash, a global leader in local commerce, and Wonder, a leading food technology platform, today announced a strategic partnership. Under the agreement, DoorDash will acquire Wonder’s Grubhub Campus Dining …
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Owner Raises $240 Million to Expand Its AI-Powered Technology and Marketing Platform for Restaurants
Owner has raised $240 million in a Series D financing that values the restaurant technology company at $2.3 billion, giving it substantially more capital to pursue an ambitious goal: becoming the technology and marketing platform that effectively runs the digital side of an independent restaurant. Growth Equity at Goldman Sachs Alternatives led the financing, with existing …
Owner has raised $240M, reached a $2.3B valuation, and crossed $100M ARR.
Owner has raised $240M, reached a $2.3B valuation, and crossed $100M ARR. Goldman Sachs Alternatives led the round, joined by Meritech, Redpoint, Headline, & Jack Altman. The world is racing to build AI to replace people’s jobs. Owner is building AI to do the opposite:To do the jobs for small business owners they’ve never been able …
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Uber Proposes Delivery Hero Takeover at €10 Billion Valuation
(Bloomberg) — Uber Technologies Inc. has offered to take over Delivery Hero SE in a deal that would value the German delivery company at about €10 billion ($11.6 billion) as it seeks to ramp up competition with DoorDash Inc. outside the US. Delivery Hero received an approach from Uber for €33 per share, and “remains …
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GIFTIFY, INC. Q1 2026: Revenue $21.36M, EPS $(0.08) — 10-Q Summary
GIFTIFY, INC. reported first-quarter 2026 results with revenue of $21.36M and a net loss of $(2.65M), or diluted EPS of $(0.08), reflecting a slight year-over-year revenue decline and an improvement in the net loss versus the prior-year quarter. Financial Highlights Business Highlights more
DoorDash Q4 2025
DoorDash made money again.The company reported on its Q4: 903M orders (+32% YoY), Marketplace GOV $29.7B (+39%), Revenue $4B (+38%), GAAP net income $213M (+51%). 1/ Agentic commerce question. An analyst asked Tony Xu – co-founder and CEO – whether AI agents could compress the discovery-to-checkout flow and erode DD’s position. Tony gave a bit …