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