In its fourth-quarter earnings report, the ride-hailing large Uber introduced its intention to quickly develop via the adoption of autonomous autos and growth into different international locations.
And inside just a few days, it has introduced not less than three main partnerships, establishing a worldwide footprint, whereas again dwelling within the US, it continues to grapple with a authorized disaster that threatens to redefine duty towards passenger security.
The $1 billion consolidation
Uber is signaling a “double-down” technique on its supply and mobility segments.
On Feb 9, Uber reached an settlement with Mubadala Funding Firm to amass Getir’s meals supply enterprise in Türkiye.
Based mostly on the SEC submitting, Uber will purchase 100% of Getir’s meals supply enterprise for $335 million in money on a money and debt-free foundation. The deal is predicted to shut within the second half of 2026, topic to regulatory approval.
Uber’s inventory is down 21% this quarter.
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This transfer is ready to determine Uber’s long-term technique for growth in Turkiye by making the unified platform indispensable to the day by day lives of hundreds of thousands.
This deal, structured in phases, will even see Uber purchase a 15% stake in Getir’s grocery, retail, and water-delivery enterprise via a $100 million funding. The transfer will develop’s attain past the supply arm. Submitting particulars that Getir has generated over $1 billion in gross bookings in 2025.
The mobility chief expects to shut the acquisition of the opposite Getir segments within the subsequent few years, topic to monetary obligations and assembly standards.
Uber builds a supply heavyweight in Turkiye
The journey to this long-term settlement plan for Turkiye started in Could 2025, when the supply large acquired an 85% stake in Trendyol Go, a $700 million transaction executed on a money and debt-free foundation. And one other main settlement with Getir adopted for Uber lower than a yr later.
On the time, the submitting described Trendyol GO as having delivered greater than 200 million orders in 2024, producing $2 billion in gross bookings, up 50% yr over yr.
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Now with two native supply giants in hand, Uber, with greater than $1 billion in consolidated investments, is ready to push additional into its present foothold in Turkiye.
Uber intends to mix Trendyol Go and Getir right into a single power that can cowl extra areas and eating places by leveraging a large, unified community. Customers will be capable to entry Trendyol Go’s restaurant community and Geti’s “ultrafast” grocery companies throughout each apps.
The technique displays Uber’s broader playbook: construct scale the place it already has mobility, then cross into supply, just like its present enterprise mannequin within the US, the place it has already included numerous retailers (Greenback Basic, Kroger, Sephora) and native grocers in its increasing portfolio.
In its latest This fall and full-year 2025 earnings, Uber reported $54.1 billion in This fall gross bookings, of which $25.4 billion got here from Supply, underscoring the section’s energy in Uber’s total progress. If regulatory approvals come occasions, Turkiye might turn out to be a spotlight for Uber’s worldwide supply technique.
Associated: Financial institution of America resets Uber inventory worth after earnings
