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FinanceThe Next Webabout 5 hours ago
Turkey clears Uber's acquisition of Getir's delivery businessTurkey's Competition Board approved Uber's acquisition of Getir's delivery business on Friday. Uber pays $335 million in cash for the food-delivery operation and takes a 15% stake in the remaining grocery and retail portfolio for $100 million. Uber committed to invest $500 million in Turkey as part of the approval.
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