Getir, the Turkish grocery delivery company that soared in value during the pandemic, is reportedly grappling with the need to cut costs and restructure as demand for its services wanes. Investors are pushing for significant changes within the company, including asset sales and market exits,...
Around the world, grocery is increasingly shifting into the digital sphere, and investors are taking note. Dutch online grocer Picnic Technologies raised 350 million euros (about $384 million) in funding from investors, according to a LinkedIn post reshared to the company’s page Tuesday (Jan. 9),...
Grocery delivery company Getir has acquired online grocery company FreshDirect to grow in the United States. Getir, which operates in five countries, is acquiring FreshDirect from Ahold Delhaize, a grocery retail group on the East Coast, and the deal is expected to close by the...
Uber Eats launched a partnership with Turkish ultrafast grocery delivery platform Getir. The collaboration lets customers in several European nations use Uber Eats to order from Getir’s grocery selection, according to a Tuesday (Sept. 26) press release provided to PYMNTS. The partnership went live in...
June 24, 2024
Turkish food delivery startup Getir will be divided into two companies as part of a restructuring that will bring in an investment of $250 million by Mubadala Investment Co. This move follows a power struggle between Getir Co-founder and CEO Nazim Salur and Getir’s Turkey head Batuhan Gultakan, as well as post-pandemic challenges faced by […]
April 18, 2024
Getir, the Turkish grocery delivery company that soared in value during the pandemic, is reportedly grappling with the need to cut costs and restructure as demand for its services wanes....
November 08, 2023
Grocery delivery company Getir has acquired online grocery company FreshDirect to grow in the United States. Getir, which operates in five countries, is acquiring FreshDirect from Ahold Delhaize, a grocery...
September 26, 2023
Uber Eats launched a partnership with Turkish ultrafast grocery delivery platform Getir. The collaboration lets customers in several European nations use Uber Eats to order from Getir’s grocery selection, according...
