Uber Technologies: Delivery Hero, ezCater Acquisition Should Push 2027 Bookings To Over $340B

Uber Technologies Inc has announced the acquisition of Delivery Hero and ezCater, with total spending potentially reaching $13 billion. These deals are expected to increase Uber's bookings by over $66 billion, projecting 2027 bookings at $341 billion and revenue at $87 billion. The acquisition of ezCater is valued at $2.3 billion and is expected to close in the coming months, while the remaining shares of Delivery Hero are anticipated to close in late 2027. Following these announcements, Uber's stock price declined by 1.09% to $68.33.