Uber to buy 85% stake in Turkish food delivery platform for $700 million
1. Uber to acquire 85% stake in Trendyol GO for $700 million. 2. Trendyol GO generated $2 billion in gross bookings, up 50% year-over-year. 3. Deal aims to enhance delivery services in Türkiye for small businesses. 4. Expected to positively impact Uber's growth post-regulatory approval. 5. Uber set to report strong earnings next week, showing positive market sentiment.