Uber to acquire 85% stake in Trendyol GO food delivery business for $700 million

Reuters

2025/05/06

May 6 (Reuters) - Uber Technologies UBER.N said on Tuesday it has entered into an agreement with Turkish e-commerce firm Trendyol Group to acquire an 85% stake in its Trendyol GO online food delivery business for about $700 million in cash.

(Reporting by Deborah Sophia in Bengaluru; Editing by Shinjini Ganguli)

((DeborahMary.Sophia@thomsonreuters.com;))

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