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Uber expands into 7 new European markets in food-delivery push: ReportThe US-based company will launch services in markets including Czech Republic, Greece and Romania as part of a move it hopes will deliver ...- Uber to acquire delivery business of Turkey's GetirUber said on Monday it agreed to acquire the delivery arm of Turkey's Getir from Mubadala, its Emirati controlling shareholder, expanding ...
- India’s 10-minute delivery model is under pressureIndia's rapid delivery services are under pressure. Over 2,00,000 riders recently went on strike demanding fair pay and an end to the 10-mi...
- Uber seeks Turkish blessing to buy Getir Food from Mubadala, sources sayA sale of Getir Food would mark another step in the exit from Turkey of Mubadala, Abu Dhabi's $330 billion sovereign wealth fund, and would...
- In India's congested cities, delivery apps cash inMumbai's iconic 'dabbawalas' inspire India's quick commerce revolution, where apps now deliver everything from groceries to gadgets within ...
- Quick-commerce risks: A lot can go wrong when everything arrives in 10 minutesQuick commerce is rapidly transforming India’s consumer economy by offering ultra-fast delivery times. Platforms like Blinkit, Zepto, and S...
- Tiger Global conducts due diligence of Zepto warehouses amid quick commerce frenzyTiger Global is showing strong interest in Zepto, a quick commerce startup valued at $5 bn. The firm is conducting due diligence at Zepto's...
- Indians get hooked on 10-minute grocery apps, squeezing small retailersIndia's quick commerce boom is reshaping how Indians shop, with Swiggy leading the charge in the fast-paced delivery game. The SoftBank-bac...
- Indians get hooked on 10-minute grocery apps, squeezing small retailersIndia's quick commerce boom is reshaping how Indians shop, with Swiggy leading the charge in the fast-paced delivery game. The SoftBank-bac...
- Turkish delivery startup Getir to exit Italy, Spain and PortugalUltra-fast grocery delivery startups like Getir boomed during the COVID-19 pandemic but have been hit by consumers' stronger than anticipat...
- Cred’s NBFC may raise $50-70 million; MapmyIndia CEO wants internet body IAMAI to reflect Indian voicesKunal Shah-owned Newtap Technologies, which acquired Parfait Finance, an RBI-registered NBFC, is in talks to raise equity capital from Cred...
- Grocery app Getir in talks to take over German rival Flink: ReportFlink is also in talks to raise funding of about $100 million from existing investors, for a valuation of more than $1 billion, the report ...
- German groceries app Gorillas poised for job cuts in SpainGorillas, which was founded in 2020, currently employs several hundred people in Spain, where its local competitors include Getir and Glovo.
- The pain after the gain: grocery deliverers reshuffle after lockdown boomAs the COVID-19 pandemic kept consumers behind closed doors, investors poured billions into "quick commerce" grocery firms that pledged to ...
- From Tesla to Peloton, companies slow hiring as economy sputtersThe billionaire said he has a "super bad feeling" about the economy and that the electric carmaker needs to axe about 10% of its workforce,...
- Mobility startup Swvl to fire over 400 employeesSwvl has over 1,330 employees and laying off 32% of its workforce means that over 400 people will lose their jobs.
- German grocery app Gorillas to cut staff in search of profitBerlin-based Gorillas, founded in 2020, has tripled the size of its business since October when it raised 860 million euros ($921 million) ...
- Fast delivery startup Getir closes funding round with $12 billion valuation"This investment will enable us to further develop our proposition and technology, as well as... to continue to attract the best talent," G...
- Getir, Turkish startup, boosts valuation to $12 billion with latest $768 million fundingTech has revolutionized the way the world operates. In 2013, when Amazon launched its mobile application, nobody noticed the pavement it ha...
- Delivery race among Indian grocery startups brings road safety risksAll the 13 drivers for Blinkit and Zepto whom Reuters spoke with in Mumbai, New Delhi and Gurugram said they faced pressure to meet deliver...
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