German food delivery giant Delivery Hero leads $1 billion investment in grocery start-up Gorillas

The online grocery delivery firm is now valued at $3.1 billion following the cash injection.A courier for German grocery delivery start-up Gorillas, on his way to deliver an order in Berlin on July 8, 2021.has invested $235 million in Gorillas, an online grocery start-up, as part of a $1 billion funding round.

Gorillas was founded in May 2020 but has grown at a rapid clip as demand for its service, which ships groceries to people's doors in as little as 10 minutes, took off during the coronavirus pandemic. It's one of several European start-ups competing in an increasingly crowded space. Rivals include Turkish company Getir, British firm Zapp and German peer Flink., Coatue, DST and Dragoneer also invested.

zagortenay76 Sizinle acil görüşme talep ediyorum zagortenay76

Who cares. The workers are figuring out the gamed and distorted capital markets funneled too much money to tech. Sure, they don't know it was artificial, but they're recognizing the results.

Malaysia Malaysia Latest News, Malaysia Malaysia Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

UK secures $13 billion of investment as it seeks to overcome post-Brexit slumpThe British government is set to announce that it has secured £9.7 billion ($13.4 billion) of new foreign investment. horrible LiveSquawk some peanuts as news for peasants. Billions soon will be forgotten You mean... Post covid slump. There was no brexit slump
Source: CNBC - 🏆 12. / 72 Read more »

Luxury watch shortage drives growth of $20 billion secondhand market as start-ups rush to cash inThe business of buying, selling and flipping pre-owned and vintage watches online has exploded, and a number of start-ups are hoping to cash in on the boom. robtfrank robtfrank A luxury watch shortage. Because we don't have enough real problems to address.
Source: CNBC - 🏆 12. / 72 Read more »