Uber Targets $1 Billion Boost With 2026 European Expansion
Published by Global Banking & Finance Review®
Posted on February 15, 2026
1 min readLast updated: February 16, 2026
Add as preferred source on GooglePublished by Global Banking & Finance Review®
Posted on February 15, 2026
1 min readLast updated: February 16, 2026
Add as preferred source on GoogleUber is expanding its food delivery services to seven European countries, aiming for $1 billion in bookings over three years.
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.
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.
"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.
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)
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.
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.
Gross bookings refer to the total value of all transactions made through a platform before any deductions, such as fees or cancellations.
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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