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Uber to Acquire Delivery Arm of Turkey's Getir
The $435 million deal will see Uber take over Getir's food delivery business and acquire a 15% stake in its grocery, retail, and water delivery divisions.
Feb. 9, 2026 at 9:47am
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Uber has agreed to acquire the delivery business of Turkey's Getir, once a major success story in the country's startup ecosystem. The deal will see Uber pay $335 million to purchase Getir's food delivery business, as well as $100 million for a 15% stake in Getir's grocery, retail, and water delivery divisions. The acquisition comes after a turbulent period for Getir, which scaled back operations in the U.S. and Europe in 2024 to focus on its home market.
Why it matters
The deal reflects Uber's continued focus on expanding its delivery services, particularly in international markets. It also highlights the challenges faced by some high-growth startups, like Getir, as the pandemic-fueled demand for delivery services has waned. The acquisition will allow Uber to strengthen its position in the Turkish market and potentially leverage Getir's technology and logistics capabilities.
The details
Under the terms of the deal, Uber will pay $335 million upfront to acquire Getir's food delivery business. The ride-hailing giant will also pay $100 million for a 15% stake in Getir's grocery, retail, and water delivery divisions, with plans to complete the acquisition of that business over the next few years. Uber is purchasing the delivery arm from Getir's largest shareholder, the Emirati sovereign wealth fund Mubadala, which was reportedly seeking to sell its stake in the company last year.
- Uber announced the deal on Monday, February 9, 2026.
- Getir scaled down its operations in the U.S., U.K., and Europe in 2024 to focus on its home market in Turkey.
The players
Uber
A ride-hailing and delivery company that is expanding its delivery services, particularly in international markets.
Getir
A Turkish startup that was once a major success story in the country's startup ecosystem, but has faced challenges in recent years, leading to a scaling back of its international operations.
Mubadala
The Emirati sovereign wealth fund that was Getir's largest shareholder and reportedly sought to sell its stake in the company.
What they’re saying
“This transaction reflects the strength of the business and the progress it has made, particularly over the last year.”
— Waleed Al Mokarrab Al Muhairi, Deputy Group CEO at Mubadala
What’s next
Uber plans to combine Getir's food delivery business with Trendyol Go, a food and grocery delivery service in Turkey that Uber acquired for $700 million last May.
The takeaway
The Uber-Getir deal highlights the challenges faced by some high-growth startups as the pandemic-fueled demand for delivery services has waned, as well as Uber's continued focus on expanding its delivery services, particularly in international markets.
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