Mubadala Set to Take Control of Turkish Delivery App Getir
- UAE’s Mubadala applied to Turkish antitrust board on Friday
- Mubadala to control Getir’s grocery, food delivery businesses
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Abu Dhabi’s Mubadala Investment Co. is poised to take sole control of Turkish grocery delivery startup Getir Perakende Lojistik AS after a power struggle that followed the startup’s decline following Covid-19-era lockdowns.
Mubadala formally applied to take full control of the startup’s grocery and food delivery businesses this week, according to a statement published by Turkish antitrust regulators on Friday. Representatives for Getir and Mubadala didn’t comment.