Uber Buys Getir Turkey: Details on the Major Deal
U.S.-based company Uber has officially announced an agreement to acquire the Turkish delivery service Getir in the segments of food delivery, groceries, everyday consumer goods, and water delivery within Turkey.
The transaction is currently in the regulatory approval phase and will be finalized after receiving consent from relevant government and regulatory authorities, as well as meeting all standard closing conditions.
Getir and Trendyol Go Join the Uber Ecosystem
Under the agreement, Getir and Trendyol Go will become part of Uber’s ecosystem. The company plans to combine the strengths of both platforms to accelerate the growth of Turkey’s delivery market.
The key objectives of the deal include:
- expanding the range of services available to users;
- creating new income opportunities for couriers;
- increasing demand for restaurants and local businesses nationwide.
How the Services Will Operate
After the deal is completed, Getir users will continue using the service through the familiar Getir app while gaining access to Trendyol Go’s extensive restaurant network.
At the same time, Trendyol Go users will be able to order Getir and GetirBüyük services directly through the Trendyol Go app.
Official Statements
“Turkey, with its fast-growing digital economy and dynamic consumer base, remains a market of strategic and long-term importance for Uber. By bringing together two strong services, we aim to create a more competitive and valuable ecosystem for users, couriers, and businesses,”
— Dara Khosrowshahi, CEO of Uber
“This agreement is a major milestone for Getir and a confirmation that our team has built a strong operational model and a leading brand in Turkey. We are excited to bring Getir’s ultra-fast delivery expertise into Uber’s global ecosystem and continue improving the experience for users, couriers, and partners,”
— Batuhan Gültakan, CEO of Getir
“The transaction reflects the strength of Getir’s business model and the company’s significant progress over the past year. We reaffirm Mubadala’s commitment to continued long-term investment in Turkey.”
— Walid Al Mokarrab Al Muhairi, Acting CEO of Mubadala Investment Company
Note: This article reports on an announced agreement. The finalization of the deal is subject to regulatory approvals.