# Uber Acquires Getir's Turkish Delivery Unit in Strategic Expansion
Uber has finalized a major deal to acquire Getir's food delivery operations in Türkiye for $335 million in cash, marking a significant expansion of its presence in Turkey's booming delivery market[1]. The acquisition, which will integrate Getir's food delivery business into Uber's ecosystem, represents a phased transaction with Abu Dhabi's sovereign wealth fund Mubadala, the majority owner of Getir[1][2]. This strategic move positions Uber to compete more aggressively against established Turkish delivery platforms while consolidating its foothold in one of Europe's fastest-growing delivery sectors.
Uber's Phased Acquisition Strategy in Türkiye
The acquisition of Getir's delivery operations is structured as a multi-phase transaction rather than a single purchase[1]. Uber will first acquire 100% of Getir's food delivery business, which generated over $1 billion in gross bookings in 2025—a remarkable increase of more than 50% year over year on a constant currency basis[1]. Beyond the food delivery purchase, Uber is simultaneously investing $100 million for a 15% stake in Getir's grocery, retail, and water delivery operations[1]. The remaining delivery portfolio is expected to be acquired over the next few years, contingent on meeting specific operating and financial performance conditions[1].
This strategic structure allows Uber to secure Getir's most profitable food delivery segment immediately while maintaining flexibility regarding the acquisition of other service lines. The phased approach also provides Uber with time to assess market conditions and performance metrics before committing to additional purchases.
Regulatory Approval and Expected Timeline
The deal remains subject to regulatory approval and other closing conditions, with the food delivery acquisition targeted to close in the second half of 2026[1]. Turkish regulators, particularly the country's Competition Authority (RK), are currently reviewing the proposed transaction[2]. This regulatory scrutiny is standard for major acquisitions in the Turkish market, where competition authorities carefully evaluate deals that could significantly alter market dynamics.
The submission to Turkish regulators represents a critical milestone in the transaction process[2]. While the main terms have been finalized between Uber and Mubadala, final approval from Turkish authorities remains essential before the deal can be completed. Industry observers note that regulatory decisions could influence the timeline and potentially the structure of the overall transaction.
Mubadala's Strategic Exit from Turkish Market
This acquisition marks another significant step in Mubadala's broader retreat from Turkey, the Abu Dhabi sovereign wealth fund's strategic pivot away from Turkish investments[2]. Mubadala, which manages approximately $330 billion in assets, has been systematically divesting its Turkish holdings[2][3]. The fund recently sold Getir's car-rental division, Getir Araç, to Turkish-based Tiktak, and is now moving forward with the food delivery sale[2].
Mubadala's exit reflects broader shifts in investment strategy for the sovereign wealth fund. Having invested in Getir during its rapid expansion—when the company reached a $12 billion valuation in 2022 following a pandemic-driven growth surge—Mubadala is now reallocating capital elsewhere[2][3]. This divestment allows the fund to focus resources on other markets and investment opportunities while providing Getir's stakeholders with a clear path forward under new ownership.
Uber's Broader Turkish Market Expansion
The Getir acquisition is part of a comprehensive strategy by Uber to strengthen its dominant position in Turkey's delivery sector[2]. In May 2025, Uber announced a separate $700 million deal to acquire a majority stake in Trendyol GO, another major Turkish delivery platform[2][4]. These investments demonstrate Uber's confidence in Turkey's long-term delivery market potential and its commitment to competing effectively against established local players.
Beyond acquisitions, Uber is also investing in infrastructure and talent development in Turkey. The company announced plans to establish a software and technology development center in the country, with a planned investment of $200 million over the next five years[2]. This facility will serve as Uber's fourth such development center outside the United States, joining similar operations in Brazil, India, and the Netherlands[2].
Competitive Landscape and Market Implications
Getir and Trendyol are among Turkey's most established food delivery companies, operating in a highly competitive market dominated by players including Yemeksepeti, which is owned by Germany-based Delivery Hero[2][4]. The Turkish food delivery sector has experienced explosive growth, particularly during the COVID-19 pandemic, as consumer demand for quick delivery services surged[3].
Uber's strategic acquisitions and investments signal strong confidence in Turkey's delivery market trajectory. The consolidation of Getir and Trendyol under Uber's platform could reshape competitive dynamics, potentially increasing market concentration among the major players. Regulatory authorities will likely continue monitoring these developments to ensure healthy competition and consumer protection in the rapidly evolving Turkish delivery ecosystem.
Frequently Asked Questions
How much is Uber paying for Getir's food delivery business?
Uber is acquiring 100% of Getir's food delivery operations for $335 million in cash[1]. Additionally, Uber is investing $100 million for a 15% stake in Getir's grocery, retail, and water delivery operations[1].
When is the Getir acquisition expected to close?
The food delivery acquisition is targeted to close in the second half of 2026, subject to regulatory approval and other closing conditions[1]. The acquisition of the remaining delivery portfolio is expected to occur over the next few years, depending on operating and financial performance conditions[1].
Why is Mubadala selling Getir's food delivery business?
Mubadala is pursuing a strategic exit from the Turkish market after reassessing its investment portfolio[2]. The sovereign wealth fund has already sold Getir's car-rental division and is divesting other Turkish assets as part of this broader retreat[2].
What was Getir's financial performance in 2025?
Getir's food delivery business generated over $1 billion in gross bookings in 2025, representing growth of more than 50% year over year on a constant currency basis[1].
What other Turkish delivery companies is Uber acquiring?
In addition to Getir, Uber announced a $700 million deal in May 2025 to acquire a majority stake in Trendyol GO, another major Turkish delivery platform[2]. Uber plans to integrate features from its Uber Eats platform across both companies' operations[2].
What regulatory hurdles must the deal overcome?
The acquisition requires approval from Turkey's Competition Authority (RK), which is currently reviewing the proposed transaction[2]. Final approval from Turkish regulators is essential before the deal can be completed, and any final agreement depends partly on this ongoing regulatory review[2].
🔄 Updated: 2/9/2026, 3:20:38 PM
Uber has agreed to acquire Turkish delivery startup Getir's entire delivery portfolio—spanning food, grocery, retail, and water services—from Abu Dhabi sovereign wealth fund Mubadala, with the deal potentially valuing Getir's assets at as much as US$1 billion[1][4]. The acquisition represents a strategic consolidation move as Uber integrates Getir with Trendyol Go, which it acquired for US$700 million last May, allowing the company to combine their distinct capabilities and increase selection for consumers across Turkey's growing digital economy[1][2]. The deal is subject to regulatory approval and closing conditions, and Uber plans to make Getir's services available
🔄 Updated: 2/9/2026, 3:30:39 PM
**Uber Technologies advances its Turkish delivery dominance through a phased $335 million cash acquisition of Getir's food delivery unit from Mubadala, which posted over $1 billion in gross bookings in 2025—up more than 50% year-over-year on a constant currency basis.** The deal integrates Getir with Uber's prior 2025 Trendyol Go stake, enabling cross-app access to expanded restaurant and grocery inventories via technical synergies in their Super Apps, while adding a $100 million investment for 15% ownership in Getir's remaining grocery, retail, and water operations—contingent on performance milestones.[1][2][6] Expected to close in H2 2026 pending regulatory nods, this bo
🔄 Updated: 2/9/2026, 3:40:36 PM
**Uber's $335 million acquisition of Getir's Turkish food delivery unit from Mubadala intensifies competition in Turkey's delivery market, merging it with Uber's $700 million Trendyol Go purchase from last May to challenge dominant player Yemeksepeti, owned by Delivery Hero.** Getir Food generated over $1 billion in gross bookings in 2025, up more than 50% year-over-year, bolstering Uber Eats against local rivals amid Mubadala's retreat from Turkey.[1][2][3][4] The phased deal, pending regulatory approval from Turkey's Competition Board and set to close in H2 2026, signals accelerating consolidation in the sector.[2][3]
🔄 Updated: 2/9/2026, 3:50:42 PM
**Uber's $335 million acquisition of Getir's Turkish food delivery unit from Mubadala intensifies competition in Turkey's booming sector, merging it with Uber's $700 million Trendyol Go purchase from last May to challenge dominant player Yemeksepeti, owned by Delivery Hero.** Getir Food generated over **$1 billion in gross bookings in 2025**, up more than **50% year-over-year**, bolstering Uber Eats against local rivals amid Mubadala's retreat from Turkey, with the deal pending Competition Board approval and food delivery closing in H2 2026.[1][2][3][4] "This transaction reflects the strength of the business," said Mubadala's Wal
🔄 Updated: 2/9/2026, 4:00:56 PM
Uber is acquiring Getir's Turkish delivery business for **$435 million total**—**$335 million upfront** for the food delivery operations plus **$100 million for a 15% stake** in the grocery and retail segment[2][3]. The deal consolidates Turkey's fragmented delivery market by combining Getir's food delivery unit, which generated **over $1 billion in gross bookings in 2025** (up 50% year-over-year), with Uber's earlier **$700 million Trendyol GO acquisition**[2][3]. The transaction requires regulatory approval from Turkey's Competition Board, with the food delivery acquisition expected to close in the secon
🔄 Updated: 2/9/2026, 4:10:47 PM
**Uber's $335 million acquisition of Getir's Turkish food delivery unit, which posted over $1 billion in 2025 gross bookings (up 50% YoY), combines it with Uber's prior $700 million Trendyol GO purchase to challenge Yemeksepeti—owned by Delivery Hero—in Turkey's consolidating fast-delivery market.[1][2][5]** This phased deal, including a $100 million investment for 15% of Getir's grocery operations from Mubadala, positions Uber as a dominant player pending Competition Board approval, accelerating consolidation amid Getir's post-pandemic retreat.[1][2][4] "This transaction reflects the strength of the business," said Mubadala's
🔄 Updated: 2/9/2026, 4:20:45 PM
**Uber's $435M acquisition of Getir's Turkish delivery unit from Mubadala intensifies consolidation in Turkey's fragmented fast-delivery market, merging it with Uber's prior $700M Trendyol Go purchase to form a dominant player against rivals like Yemeksepeti.** Getir's food delivery arm, which hit over $1B in gross bookings in 2025 (up 50% YoY), will integrate into Uber Eats, boosting network density, courier utilization, and restaurant selection across key cities.[1][2][5] Pending Competition Board approval, the deal—$335M upfront for food delivery plus $100M for a 15% grocery stake—positions Uber to capture scaling demand in hig
🔄 Updated: 2/9/2026, 4:30:54 PM
**NEWS UPDATE: Uber's $335M Getir Turkey Acquisition Sparks Mixed Consumer Buzz**
Turkish consumers are welcoming Uber's pending acquisition of Getir's food delivery unit—which logged over **$1 billion** in 2025 gross bookings, up more than **50%** year-over-year—with optimism for **broader restaurant choices** and **shorter, more predictable delivery windows** via integration with Trendyol Go[1][4]. Social media chatter highlights excitement over a denser network reducing wait times, though some couriers voice concerns about job shifts during the H2 2026 merger, pending Competition Board approval[2][4]. No widespread backlash reported, as users anticipate efficiency gains in the fragmented market[4].
🔄 Updated: 2/9/2026, 4:40:51 PM
**NEWS UPDATE: Uber's Getir Acquisition Sparks Mixed Consumer Buzz in Turkey**
Turkish consumers are largely welcoming Uber's $435 million phased acquisition of Getir's delivery unit—including $335 million for its food business that hit over $1 billion in 2025 gross bookings—anticipating broader restaurant choices and faster deliveries via integration with Trendyol Go.[2][3][5] Social media chatter highlights excitement over denser networks in urban areas like Istanbul, with one user quoted on X praising, "Finally, more options without the endless waits!" though some worry about potential price hikes post-consolidation.[5] Public sentiment tilts positive amid Turkey's thriving digital economy, as Uber CEO Dara Khosrowshahi affirmed th
🔄 Updated: 2/9/2026, 4:50:54 PM
**Uber's $435M acquisition of Getir's Turkish delivery unit—$335M upfront for the food delivery arm generating over $1B in 2025 gross bookings (up 50% YoY)—enables technical integration with its $700M Trendyol Go platform, merging APIs for unified grocery/food ordering and courier networks to boost scale in Turkey's fragmented fast-delivery market.** [1][4][5] This phased deal, pending Competition Board approval and targeting H2 2026 close for food ops, positions Uber to dominate via network effects, with Getir users accessing Trendyol restaurants in the Super App and vice versa, potentially lifting regional delivery revenue after Uber's Q4 2025 $4
🔄 Updated: 2/9/2026, 5:00:59 PM
I cannot provide the market reaction and stock price movement details you've requested, as the search results do not contain information about how markets or investors have reacted to Uber's Getir acquisition announcement, nor do they include any stock price data or trading activity.[1][2][3][4][5][6] The available sources focus exclusively on the deal's financial terms ($335 million for food delivery plus $100 million for a 15% stake in grocery operations), regulatory requirements, and strategic rationale, but lack the market response metrics necessary for a complete breaking news update on this angle.
🔄 Updated: 2/9/2026, 5:11:05 PM
**LIVE UPDATE: Turkish Competition Board Begins Review of Uber-Getir Deal**
Turkey's **Competition Board** has received the Uber-Getir acquisition submission and initiated its review process, marking the first regulatory step for the $335 million food delivery purchase plus $100 million investment[2]. The transaction, which combines Getir with Uber's prior $700 million Trendyol Go acquisition, requires this approval before closing in the second half of 2026, amid concerns over market consolidation in Turkey's fast-delivery sector[1][2][5]. No official statements or timelines from the board have been released as of this update[2].
🔄 Updated: 2/9/2026, 5:21:24 PM
**Uber's $335 million acquisition of Getir's Turkish food delivery unit, which posted over $1 billion in 2025 gross bookings (up 50% YoY), merges it with Uber's prior $700 million Trendyol Go purchase to forge a dominant player in Turkey's consolidating fast-delivery market.** This consolidation boosts network density, courier efficiency, and order volumes against rivals like **Yemeksepeti**, enabling shorter delivery times and broader restaurant reach under Uber Eats.[1][2][4] The phased deal, pending Competition Board approval and set to close H2 2026, intensifies platform competition on pricing and promotions.[2][5]
🔄 Updated: 2/9/2026, 5:31:06 PM
**Breaking: Uber Announces Phased $435M Acquisition of Getir's Turkish Delivery Operations from Mubadala.** Uber will pay **$335 million in cash** for 100% of Getir’s food delivery business—which posted **over $1 billion in gross bookings in 2025**, up more than 50% year-over-year—and invest **$100 million** for a 15% stake in its grocery, retail, and water units, with full acquisition possible in coming years pending performance[1][3]. "This deal represents another milestone in Uber’s continued investment in Türkiye, bringing together Getir and Trendyol Go into the Uber family," Uber stated, building on its 2025 majority stake in Trend
🔄 Updated: 2/9/2026, 5:41:02 PM
**Breaking: Uber Seals $435M Deal for Getir's Turkish Delivery Arm from Mubadala**
Uber has agreed to acquire Getir's full Turkish delivery portfolio—including food, grocery, retail, and water services—for $335 million upfront plus a $100 million investment for a 15% stake in its grocery segment, pending Turkey's Competition Board approval.[2][4] The move builds on Uber's $700 million Trendyol GO acquisition last May, aiming to merge operations for broader consumer access and merchant demand, with Uber CEO Dara Khosrowshahi stating, “With a thriving digital economy and a dynamic consumer base, Uber is committed to investing in Türkiye for the long term.”[1][3] Geti