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Uber to spend $2.3 billion to enter the catering business

Uber to spend $2.3 billion to enter the catering business

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Summary

Uber plans to invest $2.3 billion to enter the catering business. The available information does not provide further details about the deal or its timeline.

Details

Uber plans to spend $2.3 billion to enter the catering business, TechCrunch reports.

The available information does not specify how the company plans to enter the segment, nor does it identify a particular deal, partner or timeline. No other details about the planned investment were provided.

NEXORA AI — Why it matters

The move would mark Uber’s entry into the catering business through a planned investment of $2.3 billion.

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Read the original publication at TechCrunch