jokr
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Latin America’s Q3 2023 venture results show glimmers of light
While some Latin American data, sourced from Sling Hub and Distrito, illustrates certain positive trends, other data from the region points the other direction.
JOKR now valued at $800M after bagging about $50M in Series D funding
The new investment not only puts the company on a path toward profitability, but also solidifies its place in Brazil’s underserved grocery market.
Can the quick grocery delivery model only work in emerging markets?
While many quick grocery delivery startups have struggled, others are still seeing growth. Why? They are focused on emerging markets.
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…
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Grocery deliverer JOKR doubles down on Brazil as it secures $50M on $1.3B valuation
JOKR hit gross-profit status last April, but was swept into the challenging economic environment that affected the instant grocery delivery sector over the past year.
Food delivery company JOKR confirms closing of Santiago, Medellin operations
The company said the closings were needed to “further tighten our geographical footprint” as it works to reach profitability.
Layoffs hit crypto and real estate tech particularly hard this week
Hey Siri, when does a “macroeconomic downturn” become a “recession”? It’s another bleak week for startups weathering dismal tech stocks and even worse cryptocurrency prices. But let’s start with some…
The company’s U.S. operations accounted for about 5% of the grocery delivery startup’s overall business.
Here’s how JOKR became gross-profit positive amid a cutthroat grocery delivery industry
Founder and CEO Ralf Wenzel, discussed, according to him, why his company’s grocery delivery model is doing better than most.
Featured Article
Food-delivery profits remain elusive
The value of delivery giants around the world is in decline. Given all that, you might expect that investors would curtail wagers. And yet.
Instant grocery delivery startup JOKR bags another huge round to enter unicorn status
The company touts itself as “one of the fastest companies to reach unicorn status in history.”
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…
JOKR launches in New York with a different take on on-demand delivery
For years now, the world of retail has been evolving. Whether it’s next-day delivery with Amazon Prime or subscription D2C services or on-demand delivery from Postmates, we’re growing increasingly accustomed…
