Turkish competition board approves Uber acquisition of Getir delivery business

M&A · Partnership

โดย Reuters·Read original

Summary · why it matters

The Turkish Competition Board approved Uber Technologies Inc.'s acquisition of the delivery arm of Turkey's Getir from Emirati controlling shareholder Mubadala. The board noted that Uber's commitment to invest a total of US$500 million in Turkey is expected to support high-quality employment, strengthen local engineering capabilities, and positively contribute to the development of Turkey's digital and technology infrastructure. Uber had announced in February that it agreed to acquire Getir's delivery arm, expanding the U.S.-based company's Turkish footprint.

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