On Monday, Uber Technologies Inc. (NYSE:UBER) announced a strategic agreement to acquire Getir’s delivery portfolio in Türkiye, which includes food, grocery, retail, and water delivery services. This move demonstrates Uber’s commitment to expanding its presence in the region.
The acquisition is subject to regulatory approval and other closing conditions. “With a thriving digital economy and a dynamic consumer base, Uber is committed to investing in Türkiye for the long term,” said Dara Khosrowshahi, CEO of Uber.
Uber’s Bold Move Signals Market Ambitions
The acquisition will integrate Getir and Trendyol Go into Uber’s portfolio, enhancing services for consumers, couriers, and merchants. After closing, Uber plans to leverage both platforms to increase demand for restaurants and retailers nationwide.
Getir users will continue to access services through the Getir Super App and will benefit from expanded restaurant options via Trendyol Go. Trendyol Go customers will also gain direct access to Getir’s grocery offerings.
What Does This Acquisition Mean For Consumers?
The acquisition is expected to increase consumer choice and delivery opportunities while supporting a competitive ecosystem. Waleed Al Mokarrab Al Muhairi, Deputy Group CEO at Mubadala Investment Company, stated, “This transaction reflects the strength of the business and the progress it has made, particularly over the last year.”
Uber’s acquisition of Getir highlights the strong operating model and brand Getir has established in Türkiye. Batuhan Gultakan, CEO of Getir, commented, “This agreement is a significant milestone for Getir and is a testament to the strong operating model and leading brand our team has built in our home market of Türkiye.”
How Getir Will Enhance Uber’s Delivery Ecosystem
Getir’s expertise in ultrafast delivery is expected to strengthen Uber’s delivery capabilities and provide greater value to users. The integration aims to support the growth of a dynamic and competitive market in Türkiye.
Uber held cash and cash equivalents of $7.105 billion as of December 31, 2025.
UBER Price Action: Uber Technologies shares were down 0.03% at $74.75 during premarket trading on Monday, according to Benzinga Pro data.
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