Uber

Uber just agreed to buy Getir's entire delivery business in Türkiye, covering food, grocery, retail, and even water delivery. Getir is Türkiye's first super app, connecting people to over 100,000 restaurants and more than 87,000 business partners. Folding that into Uber's existing Trendyol Go service makes Uber the delivery giant in a country of 85 million people.

Uber has flipped from cash burner to money maker. Revenue is growing about 18 percent a year, and the company now keeps roughly 16 cents of profit on every dollar it takes in. After more than 68 billion trips since 2010, that giant network is finally paying Uber back.

The Getir purchase still needs regulatory approval and has to clear other closing conditions before it is real. Deals this size can take many months, get delayed, or come with strings attached that shrink the benefit. Uber could spend money and management attention on those 87,000 partner relationships and still not get everything it hoped for.

Self driving cars are arriving in more cities every month, and they could one day replace the human drivers Uber depends on across the 3 continents where its delivery business now runs. Uber is teaming up with several robotaxi companies to stay in the middle of the action. But if riders start booking driverless cars straight through someone else's app, Uber's biggest advantage gets a lot smaller.