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.

techinasia.com / Uber Eats enters Turkey via Alibaba-backed food delivery app

Users will continue using the Trendyol Go app, with plans to gradually integrate features from Uber Eats.

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 / 4 stories from sources in 3 days ago #business #uber #acquisitions

More Top Stories...

Google to Pay Billion-Dollar Settlement Over Texas Privacy Claims

Google has agreed to a settlement of roughly $1.375 billion to settle allegations of invasive data tracking practices in Texas. Both reports detail the breach of users’ sensitive geolocation and privacy rights, marking another hefty reminder that digital privacy demands serious oversight—even if enforcement sometimes seems as elusive as a mirage. More...

Apple Shifts iPhone Production to Brazil to Dodge U.S. Tariffs

Facing escalating U.S. tariffs, Apple appears to be quietly shifting iPhone production to Brazil through its Foxconn partnership. Despite Apple’s denials, industry insiders suggest this strategic relocation aims to stabilize prices and secure the supply chain, proving that when it comes to international trade, geography often trumps rhetoric. More...

Samsung Galaxy S25 Edge Reveal Sparks Tech Buzz

Samsung has kicked off a high-profile unveiling of its long-anticipated superslim Galaxy S25 Edge, sparking excitement among tech enthusiasts. The event showcased the phone’s innovative design and cutting-edge features, setting the stage for a fiercely competitive market. Not exactly a revolution, but enough to make followers drool. More...

Rippling Soars to $16.8 Billion Valuation Amid Financing Round

HR tech startup Rippling has astonished investors by reaching a $16.8 billion valuation following a $450 million Series G financing round. This meteoric rise, buoyed by savvy venture capital interest (YC reportedly being one of the backers), adds another chapter to today’s ever-expanding unicorn saga. More...

US border agents to photograph car exiters with facial recognition

U.S. Customs and Border Protection is set to capture every face of drivers leaving the country with high-tech facial recognition that matches travelers against their passports. The agency’s ambitious plan has security officials applauding while privacy advocates raise an eyebrow at this unprecedented surveillance move. More...

Related Tags