Getir

Uber agrees to acquire Getir's delivery operations from Mubadala for $335M in cash and says it will take a 15% stake in the remaining portfolio for $100M

Uber agrees to acquire Getir's delivery operations from Mubadala for $335M in cash and says it will take a 15% stake in the remaining portfolio for $100M

Turkish grocery delivery startup Getir agrees to a restructuring that will see Mubadala lead a $250M injection and acquire control of Getir's grocery operations

Ivan Levingston / Financial Times :

Getir plans to close its quick grocery delivery operations in the US, the UK, and Europe to focus on its home market of Turkey, impacting 6,000+ jobs

Ingrid Lunden / TechCrunch :

Sources: Istanbul-based grocery delivery startup Getir is in talks to acquire German rival Flink, which also is seeking to raise ~$100M at a $1B+ valuation

Discussions come as consolidation accelerates in one of the pandemic's hottest tech sectors  —  Grocery delivery app pioneer Getir …

Istanbul-based delivery startup Getir closes its acquisition of Berlin-based rival Gorillas, valuing the group at $10B, and sources say Gorillas alone at ~$1.2B

Combined group worth $10bn represents a fall in valuation as investors turn against lossmaking tech start-ups

Sources: Istanbul-based delivery startup Getir is in advanced talks to acquire Berlin-based Gorillas in a cash and equity deal; Getir raised $768M in March

Bloomberg :