getir

Instant grocery app Getir acquires its competitor Gorillas

After weeks of rumors, Getir has announced that it is acquiring Gorillas. This is a major consolidation deal for the instant grocery delivery space. The Financial Times first reported that Getir has c

Grocery delivery startups with low margins might drop IPO dreams for M&A reality

Getting a bunch of bananas and avocados from your favorite 15-minute grocery delivery company at 3 a.m. might be the greatest thing since sliced bread, but some of these companies are finding themselv

Rohlik bags $231M despite the market cooling on food delivery startups

The salad days are over for many startups in the online food delivery sector. Following a long period of cash injections, splashy and high-profile promotions, and interesting experiments toying with t

Venture funding in Europe is declining faster than in the US — but causing much less panic

The U.S. has seen monthly funding drop 36.7% through the end of May, while Europe saw a decline of 50% in the same period. But it doesn't feel like the European market is in nearly as much of a panic.

JOKR leaving US, ‘for now,’ to focus on LatAm

The company's U.S. operations accounted for about 5% of the grocery delivery startup's overall business.

Tech layoffs top 15K in a brutal May

It’s been a rough month in the tech sector. We’ve rounded up week after week of layoffs, and according to aggregator layoffs.fyi, more than 15,000 tech workers have lost their jobs this month. Hop

Getir, the $12B instant delivery startup, plans to axe 14% of staff globally and cut aggressive expansion plans

It continues to be a very rough week for e-commerce companies in Europe. In the latest development, TechCrunch has learned and confirmed that Getir — the $12 billion quick commerce upstart that

Sequoia’s Doug Leone steps down, making way for new global head Roelof Botha

Storied venture capital firm Sequoia Capital announced today that leader Doug Leone would be stepping aside from his role as “Senior Steward” to be replaced by Roelof Botha, managing partner of Se

Daily Crunch: $8.5B Amazon-MGM merger will bring thousands of titles to Prime Video

Hello friends and welcome to Daily Crunch, bringing you the most important startup, tech and venture capital news in a single package.

Getir is now worth nearly $12 billion after raising another $768 million

Instant delivery startup Getir announced that it has closed a new $768 million Series E funding round. Following this deal, the company reached a valuation of $11.8 billion. Mubadala Investment Compan

Zapp snaps up $200M to supersize its instant grocery play

Zapp, the instant grocery delivery startup that launched in 2020 in London, has picked up a substantial round of funding to go head-to-head with Getir, Gopuff, Jiffy, Deliveroo and the many others hun

Voly raises $13M led by Sequoia to deliver instant groceries in Australia

The trend that is instant grocery delivery — online ordering of essentials with your purchases being delivered to you in under an hour — continues to proliferate across multiple markets, a

Turkey’s instant grocery giant Getir grabs UK’s Weezy in latest delivery consolidation

Well that was quick. U.K.-based hyper fast grocery delivery startup Weezy — which only raised a pre-seed for its 15-minute delivery services of supermarket fare last year (after founding the biz

After acquiring Dija and Fancy, instant grocery startup Gopuff launches in the UK en route to European expansion

Instant grocery and essentials delivery is already a very crowded field in Europe; but today competition was turned up another notch: Gopuff — the U.S. leader in the space with a service that de

Gorillas grabs ‘close to’ $1BN, Series C values the on-demand grocery delivery biz at $2.1BN

Berlin-based on-demand grocery delivery and dark store operator Gorillas has grabbed “close to” $1 billion in Series C funds, in the latest sign of the searing investor interest driving ac

Why bringing you emergency toothpaste could be big business

Hello and welcome back to Equity, TechCrunch’s venture capital-focused podcast, where we unpack the numbers behind the headlines. This is our Wednesday show, where we niche down to a single topic.

Powered by local stores, JOKR joins the 15-min grocery race with a $170M Series A

“We are true believers in the fact that the world needs a new Amazon, a better one, a more sustainable one, one that appreciates local areas and products.” It’s quite one thing to claim you are

Instant grocery startup Getir makes its first acquisition to expand into Spain and Italy

Getir, the startup based out of Turkey that has built a $7.5 billion business out a mobile app that lets consumers buy groceries and get them delivered in minutes, has grown its business up to now org