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Uber (NYSE: UBER) to buy Getir Türkiye delivery operations in phases

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8-K

Rhea-AI Filing Summary

Uber Technologies, Inc. plans to acquire Getir’s Türkiye delivery portfolio in a phased transaction with Mubadala Investment Company. Uber will pay $335 million in cash to acquire 100% of Getir’s food delivery business, which generated over $1 billion in gross bookings in 2025, up more than 50% year over year on a constant currency basis. Uber will also invest $100 million for a 15% stake in Getir’s grocery, retail and water delivery operations, with the remaining delivery portfolio expected to be acquired over the next few years if operating and financial performance conditions are met. The overall deal, which aims to combine Getir and Trendyol Go into Uber’s ecosystem in Türkiye, is subject to regulatory approval and other closing conditions, with the food delivery acquisition expected to close in the second half of 2026.

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Insights

Uber deepens its Türkiye exposure with a staged acquisition of Getir’s delivery operations.

Uber is committing $335 million in cash for full ownership of Getir’s Türkiye food delivery business, plus a $100 million investment for a 15% stake in Getir’s grocery, retail and water delivery business. The acquired food unit delivered over $1 billion in gross bookings in 2025, growing more than 50% on a constant currency basis, signaling scale in a single country market.

The structure is phased: food delivery comes first, while acquisition of the remaining grocery, retail and water portfolio is expected “in the next few years” and depends on meeting operating and financial performance conditions. The transaction also requires regulatory approval and other closing conditions, with the food business targeted to close in the second half of 2026. Execution risk centers on approvals, integration of Getir with Trendyol Go and maintaining relationships with merchants, couriers and partners mentioned in the risk disclosures.

If completed, Uber plans to combine Getir and Trendyol Go into its ecosystem, increasing selection for consumers and potentially boosting courier and merchant activity in Türkiye. The company highlights long-term commitment to the Turkish market, but the net financial impact will depend on integration costs, realized synergies and macroeconomic or regulatory developments referenced in its risk factors.

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UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

 

FORM 8-K

 

 

CURRENT REPORT

Pursuant to Section 13 or 15(d)

of the Securities Exchange Act of 1934

 

Date of Report (Date of earliest event reported): February 8, 2026

 

UBER TECHNOLOGIES, INC. 

(Exact name of registrant as specified in its charter)

 

     
Delaware 001-38902 45-2647441
(State or other jurisdiction of incorporation or organization) (Commission File Number) (I.R.S. Employer Identification No.)

 

1725 Third Street 

San Francisco, California 94158

(Address of principal executive offices, including zip code)

 

(415) 612-8582 

(Registrant’s telephone number, including area code)

 

Not Applicable

(Former name or former address, if changed since last report)

 

 

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
   
Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
   
Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
   
Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

 

Securities registered pursuant to Section 12(b) of the Act:

Title of each class   Trading Symbol(s)   Name of each exchange on which registered
Common Stock, par value $0.00001 per share   UBER   New York Stock Exchange

 

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (17 CFR §230.405) or Rule 12b-2 of the Securities Exchange Act of 1934 (17 CFR §240.12b-2).

 

Emerging growth company

 

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act.

 

 

Item 7.01 Regulation FD Disclosure.

 

On February 8, 2026, Uber Technologies, Inc. (the “Company”) entered into an agreement with Mubadala Investment Company to acquire Getir Perakende Lojistik A.Ş.’s (“Getir”) delivery portfolio in Türkiye, including food, grocery, retail, and water delivery.

 

The transaction is structured in phases with the agreement to acquire 100% of Getir’s food delivery business at the outset, for $335 million in cash on a cash and debt free basis. Getir’s food delivery business generated over $1 billion in gross bookings in 2025, up more than 50% from the prior year on a constant currency basis.

 

In addition, Uber will invest $100 million to acquire a 15% stake in Getir’s grocery, retail and water delivery business. The acquisition of the remainder of Getir’s delivery portfolio across grocery, retail and water delivery is expected to close in the next few years, subject to certain operating and financial performance conditions being met.

 

The transaction is subject to regulatory approval and other closing conditions, with the acquisition of the food delivery business expected to close in the second half of 2026. A copy of the press release is attached hereto as Exhibit 99.1 and incorporated herein by reference.

 

The information set forth under this Item 7.01, including Exhibit 99.1, is being furnished and shall not be deemed “filed” for purposes of Section 18 of the Securities Exchange Act of 1934, as amended (the “Exchange Act”) or otherwise subject to the liabilities of that section, nor shall it be deemed incorporated by reference in any filing under the Securities Act of 1933, as amended, or the Exchange Act, regardless of any general incorporation language in such filing, except as otherwise expressly stated in such filing.

 

Forward-Looking Statements

 

This Current Report on Form 8-K contains forward-looking statements regarding our future business expectations which involve risks and uncertainties. Actual results may differ materially from the results predicted, and reported results should not be considered as an indication of future performance. Forward-looking statements include all statements that are not historical facts and can be identified by terms such as “anticipate,” “believe,” “contemplate,” “continue,” “could,” “estimate,” “expect,” “hope,” “intend,” “may,” “might,” “objective,” “ongoing,” “plan,” “potential,” “predict,” “project,” “should,” “target,” “will,” or “would” or similar expressions and the negatives of those terms. Forward-looking statements involve known and unknown risks, uncertainties and other factors that may cause our actual results, performance or achievements to be materially different from any future results, performance or achievements expressed or implied by the forward-looking statements. These risks, uncertainties and other factors relate to, among others: risks and uncertainties related to the pending acquisition, including the failure to obtain, or delays in obtaining, required regulatory approvals, the risk that such approvals may result in the imposition of conditions that could adversely affect us or the expected benefits of the proposed transaction, or the failure to satisfy any of the closing conditions to the proposed transaction on a timely basis or at all; costs, expenses or difficulties related to the acquisition of the Getir businesses; failure to realize the expected benefits and synergies of the proposed transaction in the expected timeframes or at all; the potential impact of the announcement, pendency or consummation of the proposed transaction on relationships with the Company’s and/or Getir’s employees, merchants, suppliers, delivery partners and other business partners; the risk of litigation or regulatory actions to us or Getir; inability to retain key personnel; changes in legislation or government regulations affecting us or Getir; the potential impact of the acquisition on our financial results; and economic financial, social or political conditions that could adversely affect us, Getir or the proposed transaction. For additional information on other potential risks and uncertainties that could cause actual results to differ from the results predicted, please see our Annual Report on Form 10-K for the year ended December 31, 2024 and subsequent quarterly reports, annual reports and other filings filed with the Securities and Exchange Commission from time to time. All information provided in this release and in the attachments is as of the date of this Current Report on Form 8-K and any forward-looking statements contained herein are based on assumptions that we believe to be reasonable as of this date. Undue reliance should not be placed on the forward-looking statements in this Current Report on Form 8-K, which are based on information available to us on the date hereof. We undertake no duty to update this information unless required by law.

 

 

Item 9.01 Financial Statements and Exhibits.

 

(d) Exhibits

Exhibit Number   Description
     
99.1   Press Release issued February 9, 2026.
     
104   Cover Page Interactive Data File (embedded within the Inline XBRL document).

 

 

SIGNATURE

 

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

 

  UBER TECHNOLOGIES, INC.
   
Date: February 9, 2026 By: /s/ Dara Khosrowshahi
  Dara Khosrowshahi
  Chief Executive Officer

 

Exhibit 99.1

 

Uber Doubles Down on Türkiye with Agreement to Acquire Getir’s Delivery Business

 

Agreement with Mubadala reinforces Uber’s continued investment in Türkiye and marks the next phase in Getir’s growth journey

 

ISTANBUL — Uber Technologies, Inc. (NYSE: UBER) and Mubadala Investment Company today announced an agreement for Uber to acquire Getir’s delivery portfolio in Türkiye, including food, grocery, retail, and water delivery, subject to regulatory approval and other closing conditions.

 

This deal represents another milestone in Uber’s continued investment in Türkiye, bringing together Getir and Trendyol Go delivery into the Uber family and further reinforcing Uber’s commitment to Türkiye.

 

Following the closing of the deal, Uber plans to combine the unique strengths of Getir and Trendyol Go, increasing selection for consumers, supporting more delivery opportunities for couriers, and driving increased demand to restaurants and retailers across Türkiye. Getir consumers will continue to access delivery services through the Getir Super App, but with the benefit of more restaurants from Trendyol Go. Additionally, Trendyol Go customers will be able to access Getir’s grocery offerings directly through the Trendyol Go app.

 

“With a thriving digital economy and a dynamic consumer base, Uber is committed to investing in Türkiye for the long term,” said Dara Khosrowshahi, CEO of Uber. “By bringing together these leading platforms, we aim to support the continued growth of a vibrant and competitive ecosystem, that delivers even more value for consumers, couriers, and merchants.’’

 

“Mubadala has been a committed partner to Getir, supporting the company and building a leading food and on-demand delivery platform in Türkiye,” said Waleed Al Mokarrab Al Muhairi, Deputy Group CEO at Mubadala Investment Company. “This transaction reflects the strength of the business and the progress it has made, particularly over the last year. Türkiye remains a highly attractive market for Mubadala, and we continue to evaluate long-term investment opportunities in the country.”

 

“This agreement is a significant milestone for Getir and is a testament to the strong operating model and leading brand our team has built in our home market of Türkiye,” said Batuhan Gultakan, CEO of Getir. “We are excited to bring Getir’s pioneering ultrafast delivery expertise to Uber’s global ecosystem, as we continue to enhance the experience for consumers, couriers, restaurants, and retailers. We are proud of what we have achieved with the support of Mubadala and look forward to the next chapter of growth as part of the Uber family.”

 

###

 

 

 

Forward-Looking Statements

 

This press release contains forward-looking statements regarding Uber’s future business expectations which involve risks and uncertainties. Actual results may differ materially from the results predicted, and reported results should not be considered as an indication of future performance. Forward-looking statements include all statements that are not historical facts and can be identified by terms such as “anticipate,” “believe,” “contemplate,” “continue,” “could,” “estimate,” “expect,” “hope,” “intend,” “may,” “might,” “objective,” “ongoing,” “plan,” “potential,” “predict,” “project,” “should,” “target,” “will,” or “would” or similar expressions and the negatives of those terms. Forward-looking statements involve known and unknown risks, uncertainties and other factors that may cause Uber’s actual results, performance or achievements to be materially different from any future results, performance or achievements expressed or implied by the forward-looking statements. These risks, uncertainties and other factors relate to, among others: risks and uncertainties related to the pending acquisition, including the failure to obtain, or delays in obtaining, required regulatory approvals, the risk that such approvals may result in the imposition of conditions that could adversely affect Uber or the expected benefits of the proposed transaction, or the failure to satisfy any of the closing conditions to the proposed transaction on a timely basis or at all; costs, expenses or difficulties related to the acquisition of the Getir businesses; failure to realize the expected benefits and synergies of the proposed transaction in the expected timeframes or at all; the potential impact of the announcement, pendency or consummation of the proposed transaction on relationships with Uber’s and/or Getir’s employees, merchants, suppliers, delivery partners and other business partners; the risk of litigation or regulatory actions to Uber or Getir; inability to retain key personnel; changes in legislation or government regulations affecting Uber or Getir; the potential impact of the acquisition on Uber’s financial results; and economic financial, social or political conditions that could adversely affect Uber, Getir or the proposed transaction. For additional information on other potential risks and uncertainties that could cause actual results to differ from the results predicted, please see Uber’s Annual Report on Form 10-K for the year ended December 31, 2024 and subsequent quarterly reports, annual reports and other filings filed with the Securities and Exchange Commission from time to time. All information provided in this press release is as of the date of this press release and any forward-looking statements contained herein are based on assumptions that Uber believes to be reasonable as of this date. Undue reliance should not be placed on the forward-looking statements in this press release, which are based on information available to Uber on the date hereof. Uber undertakes no duty to update this information unless required by law.

 

About Uber

 

Uber’s mission is to create opportunity through movement. We started in 2010 to solve a simple problem: how to get a ride at the tap of a button. More than 68 billion trips later, we’re building products to move people, food, and things through cities, opening the world to new possibilities.

 

About Mubadala Investment Company

 

Mubadala is a sovereign investor managing a global portfolio, aimed at generating sustainable financial returns for the Government of Abu Dhabi. Mubadala’s $330 billion portfolio spans six continents with interests in multiple sectors and asset classes. Mubadala leverages its deep sectoral expertise and long-standing partnerships to drive sustainable growth and profit, while supporting the continued diversification and global integration of the economy of the United Arab Emirates. Mubadala’s investment philosophy is centered around investing in high quality companies operating in attractive markets with strong tailwinds. It seeks to identify and back strong management teams and provide capital to support their organic and inorganic growth strategies.

 

About Getir

 

Getir pioneered a new market in 2015 by launching the world’s first map-based supply system that delivers grocery products within minutes. As Türkiye’s first super app, the company connects users with grocery products, over 100,000 restaurants nationwide, and local merchants. The company, whose operations are built on artificial intelligence, algorithms, and a micro-logistics architecture, manages a growing ecosystem with over 87,000 business partners.

 

 

FAQ

What deal did Uber (UBER) announce with Getir in Türkiye?

Uber agreed to acquire Getir’s delivery portfolio in Türkiye in phases. It will first buy 100% of Getir’s food delivery business and also take a 15% stake in its grocery, retail and water operations, all subject to regulatory approval and closing conditions.

How much is Uber (UBER) paying for Getir’s Türkiye food delivery business?

Uber will pay $335 million in cash on a cash and debt free basis to acquire 100% of Getir’s Türkiye food delivery business. This unit generated over $1 billion in gross bookings in 2025 and grew more than 50% year over year on a constant currency basis.

What investment is Uber (UBER) making in Getir’s grocery and retail operations?

Uber will invest $100 million to acquire a 15% stake in Getir’s grocery, retail and water delivery business in Türkiye. The remaining portion of this delivery portfolio is expected to be acquired over the next few years if specified operating and financial performance conditions are satisfied.

When is Uber’s acquisition of Getir’s Türkiye food delivery business expected to close?

The acquisition of Getir’s Türkiye food delivery business by Uber is expected to close in the second half of 2026. Closing is subject to regulatory approval and other customary conditions, and delays or conditions imposed by regulators are specifically identified as key risks.

How did Getir’s Türkiye food delivery business perform before Uber’s deal?

Getir’s food delivery business in Türkiye generated over $1 billion in gross bookings in 2025, growing more than 50% from the prior year on a constant currency basis. This growth profile highlights the scale and momentum of the asset Uber plans to acquire.

What strategic benefits does Uber (UBER) expect from combining Getir and Trendyol Go?

Uber plans to bring together Getir and Trendyol Go to increase selection for consumers and support more delivery opportunities for couriers. The company also aims to drive additional demand to restaurants and retailers across Türkiye by integrating these platforms into the broader Uber ecosystem.

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