Saturday, March 07

Silicon Valley-style fallout hits Türkiye: Getir’s $700M legal bombshell

Co-Founders Nazım Salur and Serkan Borançılı of Turkish food and grocery delivery startup, Getir, have filed a $700 million lawsuit against Abu Dhabi investor Mubadala Investment Company. They allege the sovereign wealth fund breached a 2024 restructuring agreement by withholding key assets, including the valuable Getir Finance platform. This legal action escalates a dispute following Uber's acquisition of Getir's Turkish operations.
  • News Source Indiatimes (Click to view full news): CLICK HERE
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