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SGEconomy2 days ago

Turkish competition board approves Uber acquisition of Getir delivery business

The Turkish Competition Board has approved Uber Technologies Inc.'s acquisition of Getir's delivery arm from Mubadala, the Emirati controlling shareholder. Uber has committed to investing $500 million in Turkey, which the board says will support employment, enhance local engineering, and boost Turkey's digital infrastructure. Uber announced the deal in February as part of its expansion in Turkey.

Uber logo is seen in this illustration taken August 5, 2025. REUTERS/Dado Ruvic/Illustration

19 Jun 2026 01:39PM

ISTANBUL, June 19 : The Turkish Competition Board said on Friday it had approved Uber Technologies Inc.'s acquisition of the delivery arm of Turkey's Getir from Emirati controlling shareholder Mubadala.

"The commitment by Uber Technologies Inc. to invest a total of US$500 million in Turkey is expected to support high-quality employment, strengthen local engineering capabilities, and positively contribute to the development of Turkey's digital and technology infrastructure," the competition board said.

Uber said in February it had agreed to acquire Getir's delivery arm, expanding the U.S.-based company's Turkish footprint.

Read the full article at Channel NewsAsia (CNA) →
Source document: Turkish Competition Board Statement

1 reports

Channel NewsAsia (CNA)Party-alignedCenter2 days ago
Turkish competition board approves Uber acquisition of Getir delivery business

The Turkish Competition Board has approved Uber Technologies Inc.'s acquisition of Getir's delivery arm from Mubadala, the Emirati controlling shareholder. Uber has committed to investing $500 million in Turkey, which the board says will support employment, enhance local engineering, and boost Turkey's digital infrastructure. Uber announced the deal in February as part of its expansion in Turkey.

Bias read (Center): The article presents factual information about a corporate acquisition and investment announcement without overtly favoring any political side. It includes direct quotes from the Turkish Competition Board and references Uber's public statement, maintaining neutrality in tone and framing.

Official sources cited

  • government Turkish Competition Board Statement
  • organisation Uber Press Release (February 2026)

Go to the primary sources (2)

The official sources this coverage is built on. Read them directly to bypass framing.

  • governmentTurkish Competition Board Statement
  • organisationUber Press Release (February 2026)