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Filing: Uber acquires an 85% stake in Turkish food delivery platform Trendyol GO for ~$700M cash, set to close in H2 2025; Trendyol GO had 200M+ orders in 2024

Annie Palmer / CNBC :

CNBC Annie Palmer

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  • @natlungfy Natalie Lung on x
    BREAKING: $UBER confirmed it is buying a 85% controlling stake in Alibaba-owned Turkish food and grocery delivery platform Trendyol Go for $700 million, in another example of global market consolidation in the food delivery industry. 8K filing: https://d18rn0p25nwr6d.cloudfront.n…