Connect with us

Subscribe

Company, Investment, Istanbul, London, Partnership, Stock, Turkey, Berlin

Business

The Turkish “Getir” has tripled its investment capital since its establishment thanks to the boom of its services

Turkish Express Delivery and Grocery Company “Getir” received $555 million in the latest funding round, tripling its value since its inception to more than $7.5 billion since March, and its success came as part of an investment boom in the inflamed sector, according to what is announced. the company on Friday.

The Istanbul-based startup plans to expand further outside Turkey after launching its overseas presence in January for the first time. It is preparing to invest the proceeds in new branches in Paris and Berlin this month after its rollout in London and Amsterdam, with several cities in the US to follow in the last three months of the year.

The company raised $428 million for international expansion in its January and March funding rounds. The company has thus far raised nearly $1 billion this year.

With this success, the company is once again proving that it is worth more than its existing approved food delivery apps such as Deliveroo and Group Hope, as well as British supermarkets WM Morrison and Marks and Spencer.

Founded in 2015, Turkey’s Getir has pioneered a 10-minute delivery class for customers who order via a smartphone app, with a massive deployment of its employees using motorbikes to fulfill orders from neighborhood warehouses stocking basic groceries.

Because of the idea’s success, imitators have spread, such as German “Flink”, which was founded only six months ago, and raised $ 240 million from investors on Friday and announced a strategic partnership with supermarket group “Rio”.

Newsletter Signup

Written By

Stories under this byline are written/directed/published by the staff and editorial board of MegaloPreneur magazine. Some of the MegaloPreneur journalists may also be involved in investigating and finding facts.

1 Comment

1 Comment

  1. Pingback: Erdogan - We have attracted direct investments worth 225 billion dollars since 2003 | MegaloPreneur Magazine

Your Comment

The doctor has applied for the Miss BumBum pageant, no one wants to hire her anymore-MegaloPreneur The doctor has applied for the Miss BumBum pageant, no one wants to hire her anymore-MegaloPreneur

The doctor has applied for the Miss BumBum pageant, no one wants to hire her anymore

Living

Romina Malaspina, the sensual woman who makes all men sigh-MegaloPreneur-Magazine Romina Malaspina, the sensual woman who makes all men sigh-MegaloPreneur-Magazine

Romina Malaspina, the sensual woman who makes all men sigh

Interviews

Until yesterday, everyone in Croatia laughed at Aleksandra Prijovic, and today they are crazy about her songs-Megalopreneur Until yesterday, everyone in Croatia laughed at Aleksandra Prijovic, and today they are crazy about her songs-Megalopreneur

Until yesterday, everyone in Croatia laughed at Aleksandra Prijovic, and today they are crazy about her songs

Entertainment

SEKA ALEKSIC BANNED IN THE MEDIA BECAUSE OF THIS- The singer answered and said only one thing-MegaloPreneur-Magazine SEKA ALEKSIC BANNED IN THE MEDIA BECAUSE OF THIS- The singer answered and said only one thing-MegaloPreneur-Magazine

SEKA ALEKSIC BANNED IN THE MEDIA BECAUSE OF THIS- The singer answered and said only one thing

Entertainment

Emina Jahovic admitted that she did not have an easy life- I was the target, I was tried-MegaloPreneur-Magazine Emina Jahovic admitted that she did not have an easy life- I was the target, I was tried-MegaloPreneur-Magazine

Emina Jahovic admitted that she did not have an easy life- I was the target, I was tried

Entertainment

Buttocks, Cat, Film, Hair, Instagram, JEANS, Jelena Karleusa, Zvezda Granda, Nail polish, Kosutnjak, Buttocks, Cat, Film, Hair, Instagram, JEANS, Jelena Karleusa, Zvezda Granda, Nail polish, Kosutnjak,

Jelena Karleusa again in a provocative edition

Focus

Sasa Kovacevic went to Turkey for an operation-MegaloPreneur Sasa Kovacevic went to Turkey for an operation-MegaloPreneur

Sasa Kovacevic went to Turkey for an operation

Interviews

Cinthia Fernandez, the talented fitness mom from Argentina-MegaloPreneur-Magazine Cinthia Fernandez, the talented fitness mom from Argentina-MegaloPreneur-Magazine

Cinthia Fernandez, the talented fitness mom from Argentina

Entertainment

Advertisement
Connect
Newsletter Signup