Uber Acquires Getir’s Food Delivery Operations in Strategic Türkiye Expansion
Uber’s shares dipped marginally after announcing a $335 million acquisition of Getir’s food delivery business in Türkiye, coupled with a $100 million investment for a 15% stake in its grocery and retail units. The deal, pending regulatory approval, underscores Uber’s aggressive push into a market projected to double to $31 billion by 2031.
Integration with Trendyol Go, Uber’s majority-owned Türkiye delivery network, will merge Getir’s user base with Trendyol’s restaurant offerings. Analysts caution that while consolidation strengthens Uber’s regional foothold, execution risks and cost synergies remain critical hurdles.