Uber Technologies Inc. will invest US$200 million over five years to establish a software and technology development centre in Istanbul, Turkey’s Industry and Technology Ministry said. Reuters
The planned centre will become Uber’s fourth global tech hub outside the United States, joining similar facilities in Brazil, India, and the Netherlands.
The move underscores Uber’s strategic push to expand its engineering and product‑development footprint into emerging markets, leveraging Turkey’s talent pool and geographic position. According to the ministry, the investment signals Ankara’s intent to attract global tech firms and bolster its technology ecosystem amid broader efforts to diversify the economy.