Post by Grafa United States

Turkey’s Competition Board - Turkish Competition Authority - has officially cleared Uber Technologies’ acquisition of Getir’s delivery business, removing a key regulatory hurdle for the US$500 million deal. 🚗 Uber first agreed to buy the unit from Mubadala in February as part of a broader push into rapid delivery, with the Turkish regulator noting the transaction should support high‑quality jobs, strengthen local engineering capacity and bolster the country’s digital infrastructure. Under the agreement, Uber will take control of all Getir delivery operations in Turkey, spanning food, grocery, retail and water, marking a significant expansion of its local footprint beyond core ride‑hailing. The company’s shares were recently steady around US$71.64 after the approval, as investors weighed the long‑term potential of a larger on‑demand logistics network in a key emerging market. Read the full story on Grafa – link in the comments.🔗 #Uber #Getir #Turkey #Delivery #TechDeals #Grafa