Core Insights - Uber Technologies is acquiring Getir's delivery portfolio in Türkiye, which includes food, grocery, retail, and water delivery, from the UAE sovereign wealth fund Mubadala [1][11] - The acquisition will be executed in phases, starting with Getir's food delivery business, which generated over $1 billion in gross bookings in 2025, reflecting a year-over-year increase of more than 50% on a constant currency basis, for a cash price of $335 million [2][11] - Uber will also invest $100 million for a 15% stake in Getir's grocery, retail, and water delivery business, with the remainder of the portfolio expected to close in the coming years, contingent on certain performance conditions [2][11] Acquisition Details - The food delivery business acquisition is anticipated to close in the second half of the current year [3] - Uber previously acquired a controlling stake in Trendyol Go, another delivery service in Türkiye, for $700 million [3] - The integration of Getir and Trendyol Go platforms aims to enhance consumer options and delivery opportunities for couriers, thereby increasing demand for restaurants and retailers in Türkiye [4] Consumer Impact - Post-acquisition, Getir consumers will continue to access delivery services, including restaurants from Trendyol Go, through the Getir Super app, while Trendyol Go customers will have access to Getir's grocery offerings [5] - Uber's commitment to investing in Türkiye is driven by the country's robust digital economy and dynamic customer base [5] Strategic Partnerships - Uber has previously partnered with Best Buy for on-demand delivery, allowing consumers to order electronics from over 800 stores via Uber Eats [6] - Collaborations with Dollar General and Dollar Tree have expanded Uber's retail delivery capabilities, adding over 14,000 and nearly 9,000 stores, respectively, to the Uber Eats platform [7][8] Financial Performance - Uber's shares have declined in double digits over the past six months, underperforming the Zacks Internet-Services industry during the same period [9] - The company trades at a 12-month forward price-to-sales ratio of 2.57X, which is considered inexpensive compared to its industry [12] - The Zacks Consensus Estimate for full-year 2026 and 2027 has seen a decline in the past 30 days [13]