According to reports in the German media Bringrival Gorillas almost a year and a half after purchase from germany preparing to withdraw. Wirtschaftswoche According to the news, while the company focuses on the Turkish domestic market, other Europe in the markets Its activities will also be stopped in mid-May. The company declined to comment on the matter.
Warehouses will close in 3 weeks
According to the information in the German newspaper, the company will leave the country on May 15. Allegedly, some of the 1,800 employees in Germany were laid off earlier this week. Warehouses will be closed gradually over the remaining three weeks. This means not only the Getir brand, but also Gorillas will be closed. Getir acquired Gorillas in December 2022 in a deal worth $ 1.2 billion.
British broadcaster to SkyNews It is said that Getir has received new financing in the double-digit million range from its existing investors. But on one condition: Getir will use the money to withdraw from three markets. In addition, the food distribution business in the Turkish domestic market needs to be further expanded. Business Insider also suggested that major shareholder Mubadala had lost patience with management for failing to come up with a viable business model and merging Getir and Germany’s Gorillas under a single brand to save costs.
Delivery service in 2015 Nazım Salur, Tuncay Tutek And serkan Borancılı It was founded by and expanded abroad six years later. The start-up acquired rival Gorillas at the end of 2022. A recent start-up in Berlin Flink’s A takeover was also discussed. According to insiders, this deal is now off the table. The company will enter the United States in December 2023. Chicago And Boston secretly withdrew from their cities. The only remaining location in the US New with York What will happen regarding it remains unclear.
