Uber Eats comes to Turkey via $700M Trendyol Go acquisition
1. Uber acquires 85% of Trendyol Go for $700M to enter Turkey's delivery market. 2. Trendyol Go generated $2B in bookings with 200M orders in 2024. 3. Uber's acquisition could strengthen its growth despite U.S. competition from DoorDash. 4. Consumer spending may decline in 2025 due to tariffs, affecting investor sentiment. 5. Uber has ongoing expansion efforts in autonomous vehicles and delivery partnerships.