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    3. >Uber targets $1 billion boost with 2026 European expansion
    Finance

    Uber Targets $1 Billion Boost With 2026 European Expansion

    Published by Global Banking & Finance Review®

    Posted on February 15, 2026

    1 min read

    Last updated: February 16, 2026

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    Tags:deliverypartnershipinnovationfinancial services

    Quick Summary

    Uber is expanding its food delivery services to seven European countries, aiming for $1 billion in bookings over three years.

    Uber Aims for $1 Billion Growth with 2026 Expansion in Europe

    Uber's European Expansion Plans

    Feb 15 (Reuters) - Uber plans to expand its food-delivery business into seven new European markets in 2026, launching services in markets including the Czech Republic, Greece and Romania, a company spokesperson told Reuters on Sunday.

    Targeted New Markets

    The expansion will also see Uber enter Austria, Denmark, Finland and Norway. The company expects the move to generate an additional $1 billion in gross bookings over the next three years.

    Financial Expectations

    "We're seeing strong demand from merchants and consumers for Uber's platform - and we think it's time to raise the bar, shake things up and deliver better value across the category," said Uber's global delivery head Susan Anderson.

    Recent Acquisitions

    Earlier this week, Uber agreed to acquire the delivery arm of Turkey's Getir from Emirati controlling shareholder Mubadala, strengthening its footprint in Turkey.

    Uber's expansion plans were first reported by the Financial Times.

    (Reporting by Shivani Tanna and Rishabh Jaiswal in Bengaluru; Editing by Sumana Nandy, William Mallard and Michael Perry)

    Table of Contents

    • Uber's European Expansion Plans
    • Targeted New Markets
    • Financial Expectations
    • Recent Acquisitions

    Key Takeaways

    • •Uber is expanding its food delivery services to seven new European countries.
    • •The expansion aims to generate an additional $1 billion in gross bookings.
    • •New markets include Czech Republic, Greece, and Romania.
    • •Uber is acquiring Turkey's Getir delivery arm to boost its presence.
    • •The move is part of a strategic push into the European market.

    Frequently Asked Questions about Uber targets $1 billion boost with 2026 European expansion

    1What is food delivery?

    Food delivery is a service that allows customers to order food from restaurants or stores and have it delivered to their location, typically through an app or website.

    2What is market expansion?

    Market expansion refers to the strategy of entering new markets or regions to increase sales and reach new customers, often involving new product offerings or services.

    3
    What are gross bookings?

    Gross bookings refer to the total value of all transactions made through a platform before any deductions, such as fees or cancellations.

    4What is a delivery service?

    A delivery service is a business that transports goods or services from one location to another, often using various modes of transportation.

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