01—Abstract
Summary
Summary of the 8-K filed February 9, 2026. Cited figures are marked; the original filing is the authoritative source.
On February 8, 2026, Uber Technologies entered into an agreement with Mubadala Investment Company to acquire Getir's delivery portfolio in Türkiye, covering food, grocery, retail, and water delivery.
The deal is phased. Uber will acquire 100% of Getir's food delivery business for $335 milliona in cash on a cash-free, debt-free basis, with closing expected in the second half of 2026. Getir's food delivery business generated over $1 billion in gross bookings in 2025, up more than 50% year over year on a constant-currency basis, which signals strong momentum in the asset.
Separately, Uber will invest $100 millionb for a 15% stake in Getir's grocery, retail, and water delivery business. The remaining stake in that business is expected to be acquired over the next few years, contingent on operating and financial performance conditions. The deal is subject to regulatory approval and other customary closing conditions.
The filing is furnished under Item 7.01 (Regulation FD), not filed, so it carries limited Section 18 liability exposure. For investors, the transaction is modest relative to Uber's scale: the initial $335 millionc food-delivery purchase plus the $100 million minority stake totals roughly $435 million in committed cash, with additional future payments tied to performance.
The strategic logic is consolidation in Türkiye, combining Getir with Trendyol Go to strengthen Uber's position in a competitive market. Key risks include regulatory review in Türkiye, integration execution, and whether the reported growth rate persists under Uber's ownership.
02—Key points
Key Highlights
- Uber agreed to acquire 100% of Getir's food delivery business in Türkiye for $335 million in cash, on a cash-free, debt-free basis.
- Getir's food delivery business generated over $1 billion in gross bookings in 2025, up more than 50% year over year on a constant-currency basis.
- Uber will invest $100 million for a 15% stake in Getir's grocery, retail, and water delivery business, with the remainder to be acquired over the next few years subject to performance conditions.
- Food delivery acquisition is expected to close in the second half of 2026, subject to regulatory approval and other closing conditions.
- The deal combines Getir with Uber's existing Trendyol Go delivery business in Türkiye, which management says will expand restaurant selection and drive demand for merchants and couriers.
- Mubadala, Getir's owner, is a sovereign investor that says it continues to evaluate long-term investment opportunities in Türkiye.
- The filing is furnished under Item 7.01 (Regulation FD), not filed, so the disclosure carries limited Section 18 liability.
03—Questions
Frequently Asked Questions
How much is Uber paying for the Getir deal?
Uber will pay $335 million in cash for 100% of Getir's food delivery business on a cash-free, debt-free basis. It will also invest $100 million for a 15% stake in the grocery, retail, and water delivery business, for about $435 million in committed upfront payments. Further acquisitions of the remaining stake in that business are expected over several years and depend on performance conditions.
When is the transaction expected to close?
The acquisition of the food delivery business is expected to close in the second half of 2026. Closing depends on regulatory approval and other conditions. The remaining grocery, retail, and water delivery acquisition is expected to close over the next few years, subject to performance conditions.
How large and fast-growing is the Getir food delivery business?
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. The company has not disclosed profitability in this filing, so investors should weigh the growth figure against the lack of margin or earnings data.
What are the main risks to the deal?
The main risks are failure to obtain regulatory approvals or approvals that impose adverse conditions, difficulty integrating Getir with Trendyol Go, failure to achieve expected synergies, retention of key personnel, changes in Turkish regulation, and broader economic or political conditions in Türkiye. The filing does not quantify the expected synergies or financial impact on Uber.
Is this acquisition material to Uber's financial results?
The filing does not provide a materiality assessment or financial impact estimate. The roughly $435 million in initial committed cash is small relative to Uber's overall scale, so the deal appears to be strategically significant in Türkiye rather than financially transformative, though the filing itself does not say this.
04—Continue