Uber Acquires Getir's Türkiye Food Delivery Business for $335M, Invests in Other Segments

summarizeSummary

Uber Technologies, Inc. announced an agreement to acquire Getir's food delivery business in Türkiye for $335 million and will invest an additional $100 million for a 15% stake in Getir's other delivery segments.

check_boxKey Events

• Acquisition of Food Delivery Business

  Uber will acquire 100% of Getir's food delivery business in Türkiye for $335 million in cash. This business generated over $1 billion in gross bookings in 2025.

• Strategic Investment in Other Delivery Segments

  Uber will invest $100 million to acquire a 15% stake in Getir's grocery, retail, and water delivery businesses, with an option to acquire the remainder in the future.

• Market Expansion in Türkiye

  The transaction reinforces Uber's commitment to Türkiye, aiming to combine Getir and Trendyol Go delivery services to increase selection and delivery opportunities.

• Regulatory Approval Pending

  The transaction is subject to regulatory approval and other closing conditions, with the food delivery acquisition expected to close in the second half of 2026.

auto_awesomeAnalysis

This acquisition significantly expands Uber's presence and market share in Türkiye's rapidly growing delivery sector. By integrating Getir's food delivery operations, which generated over $1 billion in gross bookings in 2025, Uber aims to consolidate its position and enhance its offerings. The additional strategic investment in Getir's grocery, retail, and water delivery businesses signals a long-term commitment to the region and potential for future expansion into these segments, subject to performance conditions. This move is a clear strategic play to capture a larger share of a key international market.