Uber Acquires Turkish Food Delivery: $700 Million Deal for 85% Stake

Uber (Image via Getty)

Uber Technologies has made a significant strategic move in the global food delivery by acquiring an 85% controlling stake in Trendyol Go, Turkey’s prominent food and grocery delivery platform, for $700 million in cash. This landmark acquisition marks Uber’s first direct entry into Turkey’s rapidly expanding food delivery market, positioning the company to capitalize on…

Published
Categorized as Tech