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274 Getir’s acquisition of Gorillas is a death knell for quick commerce

The Next Web
Ioanna Lykiardopoulou @ The Next Web 2 place · 12/12/2022 10:33 EDT

Getir’s acquisition of Gorillas is a death knell for quick commerce

Getir, the Turkish fast delivery startup, has bought its German rival Gorillas. This further reduces the number of companies in Europe promising to bring groceries to your door within minutes. This merger leaves only three such businesses active on the continent: Getir, Berlin-based Flink, and US-based Gopuff. As Getir’s founder tweeted, the acquisition valued Gorillas at $1.2 billion — down from $3.1 billion in September 2021. Gorillas was among the most hyped-up startups in the instant grocery delivery se

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