Uber Expands in Turkey With Acquisition of Trendyol Go Stake

Tuesday, May 6, 2025, 9:52 am

Uber has bolstered its Turkish market presence by acquiring an 85% stake in Trendyol Go for roughly $700 million. This strategic move instantly increases its market share in the competitive on-demand meal and grocery service arena, setting the stage for aggressive regional growth.

techspot.com / Android is getting a new look with Google's Material 3 Expressive

The article, which is still accessible via the Wayback Machine, describes what Google calls its "most-researched" update to a design language. According to the company, Material 3 Expressive (M3E) was the result of a collaborative effort among its research, design, and engineering teams, aimed at…

techcrunch.com / Uber Eats comes to Turkey via $700M Trendyol Go acquisition

Uber is expanding its presence in Turkey with its latest acquisition. The ride-hail and delivery giant has acquired an 85% controlling stake in Trendyol Go, the online meal and grocery delivery business based in Istanbul, for about $700 million in cash. The deal gives Uber instant market share for…

cnbc.com / Uber to buy 85% stake in Turkish food delivery platform for $700 million

The deal is expected to close in the second half of this year and be accretive to Uber's growth, the company said.

permalink / 3 stories from sources in 7 hours ago #business #uber #acquisitions

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