Uber to acquire Getir’s delivery portfolio in Türkiye
#Uber #Getir #Türkiye #Delivery service #Q-commerce #Acquisition #Logistics
📌 Key Takeaways
- Uber has officially agreed to acquire the Turkish delivery portfolio of the rapid-delivery pioneer Getir.
- The acquisition focuses exclusively on Getir’s operations within Türkiye following the startup's global retreat.
- The move is designed to strengthen Uber's presence in the competitive Eurasian delivery and q-commerce market.
- The deal reflects a wider trend of consolidation in the delivery industry due to shifting economic pressures on rapid-delivery startups.
📖 Full Retelling
🏷️ Themes
Acquisitions, Economy, Technology
📚 Related People & Topics
Getir
Turkish on-demand food and grocery delivery start-up
Getir (Turkish pronunciation: [ɟeˈtiɾ]; "bring" in Turkish) is a Turkish company that offers rapid on-demand delivery services for grocery items and a courier service for restaurant food deliveries, accessed via a mobile app. Until 2024, it was active in multiple countries. Originally founded in 201...
Uber
American ridesharing and delivery company
Uber Technologies, Inc. is an American multinational transportation company that provides ride-hailing services, courier services, food delivery, and freight transport. It is headquartered in San Francisco, California, and operates in approximately 70 countries and 15,000 cities worldwide.
Logistics
Management of the flow of resources
Logistics is the part of supply chain management that deals with the efficient forward and reverse flow of goods, services, and related information from the point of origin to the point of consumption according to the needs of customers, and a logistician is a professional working in the field of lo...
🔗 Entity Intersection Graph
Connections for Getir:
- 🏢 Uber (1 shared articles)
- 🌐 Food delivery (1 shared articles)
- 🌐 Acquisition (1 shared articles)
- 🌐 E-commerce (1 shared articles)
📄 Original Source Content
ISTANBUL - Uber Technologies, Inc. (NYSE:UBER) announced an agreement with Mubadala Investment Company to acquire Getir’s delivery portfolio in Türkiye, including food, grocery, retail, and water delivery services, pending regulatory approval. The deal represents another strategic expansion for the $155 billion market cap company, which InvestingPro