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Market Chatter: Uber Technologies to Invest $200 Million in Turkey Over 5 Years
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Market Chatter: Uber Technologies to Invest $200 Million in Turkey Over 5 Years
Oct 31, 2025 3:40 AM

06:11 AM EDT, 10/31/2025 (MT Newswires) -- Uber Technologies ( UBER ) will invest $200 million in a software and technology development centre in Istanbul over five years, Reuters reported Friday, citing Turkey's Industry and Technology Ministry.

The center will be Uber's ( UBER ) fourth such site outside the US, following ones in Brazil, India, and the Netherlands, the media outlet said, citing the ministry.

Neither Uber ( UBER ) nor the Turkish ministry immediately responded to MT Newswires' requests for comment.

(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)

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