Uber to invest $200 million in Turkey technology centre, ministry says

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Synopsis

Uber plans to spend $200 million over five years on a new software and technology centre in Istanbul. It will be the company’s fourth major hub outside the US, joining similar sites in Brazil, India, and the Netherlands.

Image for Uber to invest $200 million in Turkey technology centre, ministry saysReuters
Uber will invest $200 million over five years in a software and technology development centre in Istanbul, Turkey’s Industry and Technology Ministry said on Friday.

In a statement, the ministry said the centre will be Uber’s fourth such facility outside the United States, following ones in Brazil, India and the…



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Uber to invest $200 million in Turkey technology centre, ministry says


Synopsis

Uber plans to spend $200 million over five years on a new software and technology centre in Istanbul. It will be the company’s fourth major hub outside the US, joining similar sites in Brazil, India, and the Netherlands.

Image for Uber to invest $200 million in Turkey technology centre, ministry saysReuters
Uber will invest $200 million over five years in a software and technology development centre in Istanbul, Turkey’s Industry and Technology Ministry said on Friday.

In a statement, the ministry said the centre will be Uber’s fourth such facility outside the United States, following ones in Brazil, India and the…



Source link

Disclaimer

We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.

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