Uber Acquires 85% Stake In Trendyol Go For $700 Million In Turkey's Food Delivery Market

Uber, led by CEO Dara Khosrowshahi, is entering Turkey’s food delivery market through the $700 million acquisition of an 85% stake in Istanbul-based Trendyol Go, the delivery arm of Alibaba-backed Trendyol Group. The deal gives Uber Eats instant scale in Turkey, adding over 90,000 restaurants and 19,000 couriers to its network, following Trendyol Go’s $2 billion in 2024 gross bookings. This move marks Uber’s latest push for international growth amid rising competition from DoorDash and its withdrawal from a $950 million Foodpanda bid in Taiwan. The acquisition is expected to close in the second half of 2025. SALE PRICE: $700,000,000 Uber HQ: #SanFrancisco #California Trendyol Go HQ: #Istanbul #VentureCapital #Uber #DaraKhosrowshahi #TrendyolGo #TradedVC

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Puppy Sphere Secures Seed Round Of $24 Million From Strategic Investors Including The School Of Hard KnocksPuppy Sphere (@ThePuppySphere), a New York-based wellness brand centered on the human-animal bond, has raised a Seed round from a group of strategic investors including The School of Hard Knocks, Tobi Oluwole, Jake Fleshner, Torch Collective, former Massage Envy CEO David Humphrey, and other founders and operators. Founded by Francesca Albo and Lea Burbidge Izquierdo, Puppy Sphere has scaled its puppy yoga concept into a broader experiential wellness platform with 13 studios, corporate wellness programs, brand partnerships, and live activations, serving more than 450,000 customers and partnering with companies including Google, Amazon, Netflix, TikTok, and the NBA. FUN FACT: Puppy Sphere was born from two Canadian founders’ own mental health journeys and has since grown into 13 studios across North America, $14M+ in cumulative revenue, and 450,000+ customers, all without outside capital. Along the way, the brand has welcomed names like Sabrina Carpenter, Simu Liu, Trevor Noah and Alessia Cara, while building a broader wellness platform around the gentle power of puppy therapy. Now Puppy Sphere is opening its cap table for the first time through a strategic angel round, bringing together leaders across media, consumer growth and wellness, including The School of Hard Knocks, former Massage Envy CEO David Humphrey, growth entrepreneur Tobi Oluwole, and Nucleus Network co-founder Jake Fleshner, alongside a broader group of strategic founders and operators. The vision: bring the gentle power of puppy therapy across the globe. FOUNDERS: Francesca Albo (@FrancescaaAlbo), Lea Burbidge Izquierdo (@LeaburbIz) INVESTORS: The School of Hard Knocks (@TheSchoolofHardKnockz), Tobi Oluwole (@TheTobiOluwole), Jake Fleshner (@JakeFleshner) Torch Collective, Heather Stark, Will Bodewes, Craig Zingerline & more ROUND: Seed VALUATION CAP: $24,000,000 HQ: New York, New York #VentureCapital #PuppySphere #TradedPartner #FrancescaAlbo #TradedVC