According to recent data from Pitchbook, European venture capital (VC) deal value hit €54.4 billion in the first half (H1) of 2022, with late-stage capital...
In the United Kingdom’s on-demand delivery sector — also known as quick-commerce or Q-Commerce — the story so far has been one of intense competition...
Today in data, a number of ultrafast delivery services have begun cutting jobs as the industry struggles with inflation and a gloomy economic outlook. Data...
Today in food commerce, ultrafast grocery delivery startups lay off their staff, and Ocado cuts its sales growth prediction for the year by more than...
In today’s top stories from Europe, the Middle East and Africa, the U.K.’s Competition and Market Authority launches its second investigation this year into Google’s...
As ultrafast grocers’ challenges continue, leading players around the world are beginning rounds of major layoffs. Turkey-based ultrafast grocer Getir, for one, is planning to...
Today in food commerce, Ocado Retail’s revenue takes a downturn, and Getir sees its valuation grow to $11.8 billion. Plus, PYMNTS data reveal that restaurant...
Funds continue to pour in for ultrafast grocery in spite of the economic challenges of the model. On Thursday (March 17), Turkish 10-minute grocery delivery...
Grocery delivery startup Getir has closed a $768 million Series E funding round, the Istanbul, Turkey-based company announced Thursday (March 17). The transaction brings the...