Uber Furnishes Agreement to Acquire Getir's Delivery Business in Türkiye
Summary
Uber Technologies, Inc. entered an agreement with Mubadala Investment Company on February 8, 2026, to acquire Getir's delivery portfolio in Türkiye (via Ex. 99.1 press release). The initial phase involves acquiring 100% of Getir's food delivery business for $335 million in cash, expected to close in the second half of 2026. Uber will also invest $100 million to acquire a 15% stake in Getir's grocery, retail, and water delivery business. Getir's food delivery business generated over $1 billion in gross bookings in 2025, up more than 50% from the prior year.
Why It Matters
This agreement, involving a $335 million cash acquisition of Getir's food delivery business and a $100 million investment, significantly expands Uber's presence in Türkiye. The acquisition of a business that generated over $1 billion in gross bookings in 2025 reinforces Uber's commitment to the region and aims to increase selection for consumers and delivery opportunities for couriers.
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Key Quote
“and debt free basis. Getir's food delivery business generated over $1 billion in gross bookings in 2025, up more than 50% from the.”
— From Item 7.01
Filing Details
Reported Items
Additional Information
- CIK Number
- 0001543151
- Filing Date
- Monday, February 9, 2026
- Filing Time
- 12:00 AM UTC
- Form Type
- 8-K
- Materiality Level
- high
- Sentiment
- positive