Tag: Nimble
Delivery service Getir is facing drastic cuts – and is fighting for investor funds
Frankfurt, Berlin, Dusseldorf Months after taking over German rival Gorillas, Turkish express delivery service Getir is facing drastic cuts. The company is burning between $80 million and $100 million a…
Delivery service Getir is apparently fighting hard against high costs – and for investor funds
Frankfurt, Berlin, Dusseldorf Months after taking over German rival Gorillas, Turkish express delivery service Getir is facing drastic cuts. The company is burning between $80 million and $100 million a…
Delivery service Dodo becomes the right hand of Bringmeister and Frugee
Michal_Mensik and Bahahir Birkan “Our core competence is food,” says Bahadir Birkan. Berlin The food delivery services Bringmeister and Frugee will in future rely on an external service provider for…
Message in a bottle converts delivery fleet to electric vehicles
Dusseldorf The delivery service Flaschenpost still delivers most of its goods in diesel vehicles. Only 300 of the online drinks retailer’s 2,300 delivery vans are powered by electricity. But that…
“The German market is the champions league of retail”
Lionel Souque The head of the Rewe Group is demanding price reductions for food from the industry. (Photo: dpa) Cologne The Rewe Group has again invested in the fast delivery…
Layoffs at startups continue
Taxfix app Around 120 employees have to leave the Berlin company. (Photo: Taxfix) Berlin The wave of layoffs in the German start-up scene continues. In the past few days, the…
Express delivery service prepares withdrawal from France
Flink bikes The fast delivery service is considering withdrawing from France. (Photo: Getty Images; Per-Anders Pettersson) Berlin Just one year after taking over the French competitor Cajoo, the Berlin fast…
Flink is only valued at one billion euros – new layoffs
Fast drivers in Berlin Existing investors provide the fast delivery service with fresh money. At the same time, the company is laying off more employees. (Photo: Bloomberg) Berlin. Frankfurt, Dusseldorf…
Flink is about to receive new funding
Flink bikes With the new round of financing, the company’s valuation could drop significantly. (Photo: Getty Images; Per-Anders Pettersson) Dusseldorf, Frankfurt According to financial circles, the negotiations of the fast…
Getir is apparently considering taking over German rival Flink
Getir in Berlin Grocery delivery services experienced a boom during the corona pandemic. (Photo: IMAGO/Jürgen Ritter) Istanbul According to a newspaper interview, the Turkish delivery service Getir is in talks…
This is how the turnaround in interest rates is affecting Germany’s start-ups
Dusseldorf In the low-interest phase two years ago, the fast delivery service Flink quickly achieved unicorn status, i.e. a billion dollar valuation. The company, which supplies groceries and everyday necessities,…
Flink is looking for fresh investor money – lower valuation possible
Promotional poster by Flink According to financial circles, the delivery service is negotiating with financiers about a capital injection. (Photo: mauritius images / Norbert Neetz / imageBROKER) Frankfurt, Berlin According…
New dispute about Covid 19
Good morning dear readers, It’s been almost exactly three years since a virus changed the world. Around seven million people have died worldwide in connection with a coronavirus infection, and…
Setting up a works council: start-ups in court
Dusseldorf, Berlin Right at the beginning of the hearing before the Berlin labor court, Judge Michael Ernst makes it clear: “This will not be a tribunal. It’s not about Flink.”…
Gorillas saves himself in the arms of Getir – this is just the beginning
Employees of the Turkish fast delivery service Getir in Istanbul Business is losing. Now it’s about getting economies of scale through size as quickly as possible. (Photo: Umit Bektas) Berlin…
Celonis, Gorillas, N26: Germany’s top start-ups in the crisis check
Unicorn on Libra The Handelsblatt analyzed statistics and spoke to founders, investors and bankers to find out how Germany’s 36 unicorns really are. (Photo: Foreal) Although there is still plenty…
Celonis, Gorillas, N26: Germany’s top start-ups in the crisis check
Unicorn on Libra The Handelsblatt analyzed statistics and spoke to founders, investors and bankers to find out how Germany’s 36 unicorns really are. (Photo: Foreal) Although there is still plenty…
From Celonis to gorillas: Germany’s unicorns in the crisis check
Unicorn on Libra The Handelsblatt analyzed statistics and spoke to founders, investors and bankers to find out how Germany’s 36 unicorns really are. (Photo: Foreal) Although there is still plenty…
Getir could lose value with Gorillas purchase
Driver of the delivery service Gorillas The company’s valuation in the potential Getir deal is less than a third of what it was in the most recent funding round in…
Turkish delivery service Getir is negotiating a purchase
gorillas The Berlin start-up is negotiating a sale with Getir. (Photo: IMAGO/ANP) Berlin, Frankfurt, Dusseldorf The consolidation in express delivery services expected by many experts is taking shape. The pioneer…