Grocery-delivery startup Getir has acquired its German rival Gorillas at a hefty discount. Gorillas tried to raise capital to continue to operate on its own but has accepted the deal from Getir. The ...

One salient feature of capitalism is that it allocates resources efficiently. While market actors can and do make mistakes, those that do err pay a price for that mistake and usually can’t afford to ...

AMSTERDAM, Dec 11 (Reuters) - Grocery-in-minutes company Getir's $1.2 billion deal to buy rival Gorillas is an important step toward consolidation in Europe's food delivery market, where companies are ...

Dec. 9 (UPI) --Grocery delivery service Getir agreed to buy German competitor Gorillas, as the latter continues to struggle amid a post-pandemic economy. Getir, which is based in Turkey, did not ...

Grocery-delivery startup Gorillas is set to be acquired by its major rival Getir, sources say. The deal is in its final stages, Insider understands. Gorillas' valuation is expected to collapse from $3 ...

This is an archived article and the information in the article may be outdated. Please look at the time stamp on the story to see when it was last updated. BERLIN (AP) — Dozens of workers gathered ...

Building upon its success in Europe, the grocery delivery service that employs its delivery staff full-time kicks off its US expansion in New York City NEW YORK--(BUSINESS WIRE)--Gorillas, the ...