Gorillas

Zepto becomes India’s first 2023 unicorn with $200 million fresh funding

Instant grocery delivery startup Zepto has raised $200 million in a new funding round at a valuation of $1.4 billion, it said Friday, at a time when most other firms in the category have either died o

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.

Egyptian q-commerce platform Appetito bags Lamma for over $10M

Appetito, the Egyptian platform that delivers groceries and household products to customers from 11 dark stores across three cities in the North African country, is acquiring Lamma, an identical start

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

Daily Crunch: 7 months after raising $1B, grocery delivery Gorillas exits four countries and lays off 300

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

Berlin’s Gorillas lays off 300, explores ‘strategic options’ in 4 countries as funds dry up for its $3B instant grocery play

It’s crunch time in the world of instant grocery delivery, with the latest turn representing a big blow specifically in Europe. Berlin-based Gorillas, which raised nearly $1 billion dollars at a

Jüsto grabs new capital as it expands grocery delivery in Brazil, Peru

Justo enables customers in Latin America to buy groceries directly from its website or app and get them delivered to their location of choice.

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

Gorillas to acquire Frichti in latest instant grocery consolidation

German startup Gorillas has announced that it plans to acquire Frichti, a French startup that delivers both ready-to-eat meals and groceries. The acquisition hasn’t closed just yet but both companie

Why Delivery Hero is acquiring a majority stake in Spanish delivery company Glovo

How should we think about the importance of geographic spread — sprawl? — when it comes to on-demand companies?

Delivery Hero calls last orders on Foodpanda in Germany, Japan as it tightens focus on Q-commerce and logistics-as-a-service

German on-demand delivery giant Delivery Hero is pulling its food delivery service out of Germany again. At the same time it has announced it will exit the Japanese market, by divesting Foodpanda Japa

Flink, the Berlin-based instant grocery startup, is now valued at $2.85B after raising $750M in a round led by DoorDash

Instant grocery delivery continues to be a very frothy market, but today comes news of a major funding round for one player in it that investors believe will still be standing after the hype has died

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

Egypt’s Breadfast wants to build ‘Gopuff for Africa and Middle East’, gets $26M backing

The market for food and grocery delivery across Africa and the Middle East is worth nearly $1 trillion. And Egypt, buoyed by a young and growing population, is a big market across both regions. Invest

Egyptian on-demand grocery delivery startup Appetito bags $2M pre-Series A

Egyptian grocery delivery startup Appetito has raised $2 million in pre-Series A funding, the company confirmed to TechCrunch today. The round, which comes after the company’s $450,000 seed round in
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