Getir
Turkish quick-commerce grocery delivery app, now being sold off in pieces to Uber.
Getir as an independent company is gone; what remains is a sale to Uber and a courtroom fight over the scraps.
Getir was a Turkish grocery delivery app that grew to be worth $12 billion in 2022 but lost almost all its value by 2026. Uber is buying the delivery business and merging it into a local competitor called Trendyol Go, while the company's other pieces like a finance division are stuck in a $700 million legal fight between the founders and a Middle Eastern investor. Even if you owned a piece of Getir today, the company as an independent business is essentially gone, and it is unclear whether any value will flow back to old shareholders once lawyers and Uber finish dividing up what is left.
Ruling in the $700M founder lawsuit against Mubadala in London's High Court. Determines whether any Getir-linked entity (GetirFinance) survives independently.
Outcome of Uber's $14.8B bid for Delivery Hero. Would put Trendyol Go, Getir, and Yemeksepeti under one owner, closing off any Getir brand survival.
- Peak valuation $12B, now $374M in court filings
- Uber deal: $335M cash plus $100M for 15% stake
- Founders suing Mubadala for $700M over asset split
- Founder $700M lawsuit against Mubadala unresolved as of February 2026.
- Getir's independent equity/cap table effectively dissolved through Mubadala buyout and Uber sale.
- Integration execution risk as Getir delivery assets merge into Uber's Trendyol Go.
- Inconsistent headcount and revenue reporting across sources creates uncertainty on actual size.
| Rival | Direction | Evidence |
|---|---|---|
| Uber | losing to | Acquired Getir's delivery business for ~$435M, approved by Turkey regulators June 19, 2026 |
| Delivery Hero (Yemeksepeti) | contesting | Uber launched ~$14.8B bid for Delivery Hero on July 16, 2026, would consolidate Turkey delivery |
| Trendyol Go | losing to | Uber plans to merge Getir's delivery operations into its own Trendyol Go platform, 2026 |
- Is Getir still an independent company in 2026?
- No. Mubadala took full ownership of Getir in September 2024, and Turkey's Competition Board approved Uber's acquisition of Getir's delivery business on June 19, 2026, for roughly $435 million total, folding operations into Uber's Trendyol Go.
- Is Getir profitable?
- Getir has never disclosed revenue or profit. Its group assets were valued at just $374 million in February 2026 court filings, down from a $12 billion peak valuation in March 2022, a 97% collapse that signals no independent profitability.
- Who owns Getir now?
- Abu Dhabi's Mubadala sovereign wealth fund took 100% ownership of Getir in September 2024. In February 2026 Mubadala agreed to sell Getir's food/grocery/water delivery business to Uber for about $435 million, approved by regulators June 19, 2026.
- Could AI replace Getir's delivery business?
- No. Getir's core value is physical grocery picking and courier delivery, not AI-replaceable. AI is used only for back-office demand forecasting via Amazon Forecast, which cut waste 50% and lifted revenue 4% as reported in a May 2023 AWS case study.
- Who is Getir's biggest competitor?
- Uber, which already owns 85% of Trendyol Go and acquired Getir's delivery business in February 2026 (approved June 2026), plus Delivery Hero's Yemeksepeti, which Uber bid $14.8 billion to acquire on July 16, 2026.
- Has Getir had layoffs?
- Yes. Getir cut about 2,500 staff (14% of workforce) in August 2023, and its April 2024 exit from the UK put roughly 1,500 UK jobs at risk as it retreated to a Turkey-only footprint.
- 2026-07-16Uber announces ~$14.8B all cash bid for Delivery Hero, owner of Turkey's Yemeksepeti
- 2026-06-19Turkey Competition Board approves Uber's Getir delivery acquisition, tied to $500M Uber investment pledge
- 2026-02-16Getir founders sue Mubadala for $700M over 2024 restructuring breach
- 2026-02-09Uber agrees to acquire Getir's Turkish delivery business for ~$435M total
- 2024-09Mubadala takes full 100% ownership of Getir
- 2024-06Mubadala injects $250M in restructuring, takes control of Turkish grocery/food business
- 2024-04-30Getir exits UK/Europe/US, about 1,500 UK jobs at risk
- 2023-08-22Getir cuts ~2,500 jobs, 14% of global workforce
- 2022-03Getir raises $768M Series E led by Mubadala, hits ~$12B peak valuation
- Getir
- Inside the bitter courtroom drama between Getir and Mubadala (2025-02-01)
- Mubadala, Getir Founders Clash (2025-01-16)
- Getir founders sue Mubadala for $700M (2026-02-16)
- Uber Acquires Getir's Delivery Unit (2026-02-09)
- Uber to buy delivery arm of Turkey's Getir (2026-02-09)
- Türkiye approves Uber's acquisition of Getir delivery business (2026-06-19)
- What is Competitive Landscape of Getir Company? (2026-03-20)
- Uber Doubles Down on Türkiye (2026-02-08)
- Getir delivery firm cuts more than a tenth of workforce (2023-08-22)
- Grocery delivery firm Getir to pull out of UK (2024-04-29)
- Getir Perakende Number of Employees 2026 (2026-06-29)