Following Uber's recent earnings release, Bank of America revised its 12-month price objective for the company. The adjustment reflects the bank’s reassessment of Uber’s growth trajectory and margin outlook based on mixed performance in ride-hailing and delivery segments.

Uber has agreed to purchase Getir’s Turkish delivery operations, integrating the local courier network into its Eats platform. The deal is intended to strengthen Uber’s presence in Turkey’s food and grocery delivery market and support further international expansion.