Uber said it entered into an agreement with Trendyol Group on May 6, 2025 to acquire a 85% controlling stake in its Trendyol GO online meal and grocery delivery business in Türkiye for approximately $700 million in cash, on a cash-free, debt-free basis.

1. 01

   Uber said it entered into an agreement with Trendyol Group on May 6, 2025 to acquire a 85% controlling stake in its Trendyol GO online meal and grocery delivery business in Türkiye for approximately $700 million in cash, on a cash-free, debt-free basis.

2. 02

   The company said Trendyol GO fulfilled more than 200 million orders in 2024 and generated $2 billion in gross bookings, up more than 50% from the prior year.

3. 03

   Uber said the acquisition is subject to regulatory approval and other closing conditions and is expected to close in the second half of 2025. It said the transaction is expected to be accretive to its growth after integration.

4. 04

   The company said the Trendyol GO platform serves customers across Türkiye with groceries and meals from more than 90,000 restaurants and markets through 19,000 couriers. It said the Trendyol GO app will continue to operate after the acquisition is completed.

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Original filing

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