Uber Expands into Workplace Catering with $2.3 Billion ezCater Acquisition
Uber ezCater deal expands Uber Eats into workplace catering, adding a $2.3 billion cash acquisition to Uber’s 2026 deal push.
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Uber stock dips slightly as a reported $17 billion DoorDash-Instacart mega-merger intensifies delivery competition ahead of Uber's Nov. 4 earnings report.
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Uber ezCater deal expands Uber Eats into workplace catering, adding a $2.3 billion cash acquisition to Uber’s 2026 deal push.
The U.S. Federal Trade Commission is seeking information from Instacart and several other companies regarding their personalized pricing and wage-setting strategies.
A company insider has sold shares of Maplebear Inc. valued at approximately $1.48 million, according to a recent regulatory filing.
DoorDash is in talks to acquire Instacart for approximately $17 billion to expand into grocery delivery and compete with Walmart and Amazon. Meta is raising $35 billion through a stock sale to fund its massive AI infrastructure investments, with Nvidia investing $3 billion in the offering. Brazilian political uncertainty caused selloffs in MercadoLibre and Nu Holdings due to concerns about government spending and currency weakness. Several major companies report earnings this week including Visa, Enphase Energy, and NXP Semiconductors.
DoorDash and Serve Robotics have introduced Australia's first footpath robot delivery service in the Gold Coast Health and Knowledge Precinct.
The article compares DoorDash and MercadoLibre as investment options for 2026. While MercadoLibre trades at a lower valuation multiple and generates significantly higher free cash flow ($10.8B vs $2.2B), DoorDash is recommended as the better buy due to the U.S. market's greater resilience during economic downturns compared to Latin America's exposure to high inflation, currency volatility, and rising debt levels.