Uber Eats arrives in Türkiye through the acquisition of $ 700 million

Uber is Expanding your presence In Türkiye with his last acquisition.

The Transport and Delivery Giant of Travel has acquired a control participation of 85% in Trendyol Go, the food delivery and edible delivery business based in Istanbul, for approximately $ 700 million in cash. The agreement offers an Uber instant market share for Uber Eats in the country, where Uber currently only operates a travel service.

Uber’s acquisition announcement occurs one day before the company is scheduled to inform its first quarter. And with the projected consumer spending to fall in 2025 due to the tariffs of President Trump, investors will want the security that Uber is still ready for growth, even when the company recently withdrew from its offer of $ 950 million for the food business of the delivery hero in Taiwan.

Uber has also been laying the foundations for expansion in other sands. It seems that every few weeks he announces a new association of autonomous vehicles through his trip, delivery and load.

Trendyol Go is the food delivery arm of the parent company Trendyol Group, a fashion and retail electronic commerce platform, which is a majority property by Alibaba. The company said in a presentation that delivered more than 200 million orders in 2024, generating $ 2 billion in gross reserves, which increased 50% compared to the previous year. There are more than 90,000 restaurants and 19,000 emails in its market.

The acquisition is expected to close in the second half of 2025. When they do, users can continue using the Trendyol Go application, and Uber “will introduce key capabilities in the next years of Uber Eats,” said the company.

Techcrunch has asked Uber more information.

Uber’s last acquisition occurs, since he fights for market share in the United States due to Dordash competition. In February, Uber filed a lawsuit against Dordashalleging anti -competitive behavior. DORORASH has urged the courts to dismiss the case.

Early today, Dordash announced two important acquisitions To expand its presence in Europe: the delivery of the United Kingdom for $ 3.86 billion and seven rooms for $ 1.2 billion.