menu
techminis

A naukri.com initiative

google-web-stories
Home

>

Technology News

>

Uber Eats ...
source image

TechCrunch

6d

read

140

img
dot

Image Credit: TechCrunch

Uber Eats comes to Turkey via $700M Trendyol Go acquisition

  • Uber 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, giving Uber instant market share for Uber Eats in Turkey.
  • The acquisition of Trendyol Go is part of Uber's strategic expansion plans, as it aims to diversify its offerings and grow its presence in different sectors.
  • Trendyol Go, the food delivery arm of Trendyol Group, delivered over 200 million orders in 2024, generating $2 billion in gross bookings, showcasing significant growth in the previous year.
  • Uber's latest acquisition in Turkey comes amidst competition in the U.S. market from companies like DoorDash, which recently made significant acquisitions in Europe, including Deliveroo for $3.86 billion and SevenRooms for $1.2 billion.

Read Full Article

like

8 Likes

For uninterrupted reading, download the app