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 …
Tag Archives: Mergers & Acquisitions
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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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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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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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 …
Grubhub parent acquires restaurant rewards app Claim
The delivery platform will integrate Claim’s technology, which helps restaurants acquire high-value, long-term customers, within its platform later this year. Listen to the article3 min Dive Brief: Dive Insight: In 2025 — the first full year under Wonder’s ownership — Grubhub added tens of thousands of restaurants and now works with over 400,000 U.S. operators, CEO Howard …
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Grubhub parent acquires restaurant rewards startup Claim
Grubhub parent company, Wonder, announced that it has acquired Claim, a restaurant rewards app. Founded in 2021, Claim offers cash-back rewards for local restaurants that users can redeem for dine-in or pick-up orders. Restaurants partner with Claim to create promotions, boost foot traffic, and track performance insights through the Claim dashboard. The financial terms of the …
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Delivery Hero Investors Said to Push for Sale, Divestments
Delivery Hero SE is facing pressure from several large shareholders to conduct a strategic review amid increasing consolidation in the food-delivery industry, people with knowledge of the matter said. Investors including Hong Kong hedge fund Aspex Management, which is Delivery Hero’s second-biggest shareholder with a stake of more than 5%, are pushing management to consider …
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Sweetgreen sells Spyce to Wonder for $186M
Dive Brief: Dive Insight: This cash infusion could help Sweetgreen recover from significant consumer pullback, which sparked sharp contractions in same-store sales in Q2 and Q3, according to its earnings releases. Losses also reached $36 million, or a negative 21% margins, in Q3 — significantly worse than the year-ago period. To cope with these headwinds, Sweetgreen …
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