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U.S.-based mobility company Uber Technologies has clinched a deal with the UAE’s sovereign wealth fund to acquire Turkish e-delivery platform Getir, according to a joint statement released Monday.
Under the announced terms, Uber will take over Getir’s delivery portfolio in Türkiye, including restaurant meals, groceries, retail goods and water delivery.
The transaction value has not been disclosed; however, earlier reports suggest it could reach up to $1 billion.
The acquisition marks Uber’s second major investment in the Turkish e-delivery industry, following last year’s $700 million purchase of Trendyol Go.
After the deal closes, Uber plans to combine the operational strengths of Getir and Trendyol Go. The company says the aim is to expand consumer choice, create more earning opportunities for couriers, and drive higher demand for restaurants and retailers across Türkiye.
According to the announcement, users will continue to access services through their existing applications, with added cross-platform benefits.
Uber CEO Dara Khosrowshahi said the company sees Türkiye as a long-term investment market, pointing to its digital economy and consumer base. "With a thriving digital economy and a dynamic consumer base, Uber is committed to investing in Türkiye for the long term," he added.
Mubadala Deputy Group CEO Waleed Al Mokarrab Al Muhairi says the fund is a long-standing partner of Getir and indicates that the sale will not reduce its presence in the Turkish market.
"Türkiye remains a highly attractive market for Mubadala, and we continue to evaluate long-term investment opportunities in the country," he stated.
Getir CEO Batuhan Gultakan describes the agreement as a milestone for the company and a reflection of its operating model and brand in its home market, adding, "We are proud of what we have achieved with the support of Mubadala and look forward to the next chapter of growth as part of the Uber family."
Founded in 2015 by Turkish entrepreneur Nazim Salur, Getir grew into a rapid-delivery platform focused on groceries and everyday essentials, later expanding into food and retail delivery, car rental and financial services. In 2021, the company expanded across Europe and the United States, raised over $1 billion in funding, and reached a $7.5 billion valuation.
Market conditions later weakened, forcing Getir to exit several European markets, refocus on Türkiye, and bring its valuation down to $2.5 billion, alongside new funding from Mubadala and a restructuring plan.
After the Mubadala partnership, a power struggle emerged between the founders and the fund over the company’s management, disrupting the restructuring process.
Earlier reports said Mubadala had begun talks on asset sales, starting with the transfer of Getir’s car rental subsidiary, Getir Arac, to local venture Tiktak in October 2025.
Under the Uber deal, Getir Finans and BiTaksi remain under Mubadala’s control, as the transaction covers only Getir’s delivery portfolio in Türkiye.
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