Getir, which is one of the companies that actively serve in our country and successfully represents our country abroad, started to enter new markets and business lines after the downsizing process. After the rumors that have been talked about for a while, Bring, its German rival Gorillas Technologiesbought the .
This acquisition brings together the two companies in Europe that have benefited most from the opportunities that have arisen during the pandemic. Both companies have raised more than $3 billion in investments since 2020 and are serving with the goal of delivering groceries and grocery items in as little as 10 minutes.
Bring pays $1.2 billion for rival Gorillas
Getir paid $1.2 billion for this acquisition. It was stated that the deal consisted mostly of equity and approximately $40 million in cash was paid to the investors. Since there are not many competitors left in the fast delivery sector apart from companies such as Flink and Gopuff, Getir is increasing its dominance in the sector.
Gorillas made multiple layoffs at its headquarters last May. According to the information shared by Bloomberg, a new wave of layoffs is likely to begin at Gorillas, as both companies have similar warehouses in cities such as London, Paris, Amsterdam and Berlin.
Good news for job seekers! Getir’s new feature, BringIs, has been put into service
Getir launched its new service for job and employee seekers. BringIs is open to all users!