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U.S. tech giant Uber has begun early talks to acquire the delivery operations of Turkish rapid delivery company Getir, in a deal that could exceed $1 billion if finalized, according to a Bloomberg report.
Sources familiar with the discussions said Uber is negotiating with Mubadala Investment Company, the Abu Dhabi-based fund that became Getir’s main shareholder after acquiring the firm in September 2024.
The talks reportedly focus on Getir’s core delivery business, while Mubadala is also considering selling the company’s financial division separately.
The potential Getir deal follows Uber’s $700 million acquisition of an 85% stake in Trendyol Go earlier this year.
The move positioned Uber as a dominant player in Türkiye’s growing online food and grocery delivery market.
Since completing the Trendyol Go purchase, Uber has managed its local operations through a new office in Istanbul’s 42 Maslak business district.
The company also announced plans to establish a Global Technology Development Hub in Türkiye with a $200 million investment, reflecting its long-term commitment to the country’s digital economy.
Industry analysts view the latest negotiations as part of Uber’s strategy to consolidate its position in Türkiye’s highly competitive delivery sector, which has expanded rapidly in recent years through local startups and regional investment funds.
Founded in Istanbul in 2015 by BiTaksi creator Nazım Salur, Getir was among the pioneers of the ultra-fast delivery model that gained global traction during the pandemic.
The company expanded to several countries and reached a valuation of around $11.8 billion at its peak, later climbing to $12 billion following acquisitions of Spanish startup BLOK and UK-based Weezy in 2021 and 2022.
However, the end of pandemic restrictions and rising operational costs led Getir to scale back its international activities. From 2023 onwards, the company gradually withdrew from overseas markets and underwent a major restructuring to refocus on Türkiye.
Mubadala’s 2024 takeover marked the start of a new phase for Getir, but internal tensions surfaced earlier this year when founder Salur accused the Emirati fund of attempting to seize control of company assets, a dispute that later moved to court.
According to Bloomberg’s report cited by Turkish media, discussions between Uber and Mubadala are still in the early stages.
The final valuation will depend on which assets are included in any potential deal, and there is no guarantee that negotiations will result in a binding agreement.
Sources also suggested that other investors could express interest in Getir’s delivery operations if talks with Uber stall. Neither Uber, Getir, nor Mubadala has made any public statements on the matter.
If completed, the acquisition would represent Uber’s largest investment in Türkiye to date and signal a major consolidation in the country’s fast-growing delivery industry, bringing together two of its most recognizable platforms.
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