Getir became the 4th most valuable startup company in Europe.

[dBSPL]

Turkish startup Getir becomes Europe's 1st grocery delivery decacorn​

Company's overall valuation rises to $11.8B billion after latest funding round​

Aysu Bicer |17.03.2022

​

ANKARA
Turkish startup Getir’s overall valuation has topped $10 billion, making it Europe’s first grocery delivery decacorn, the company announced on Thursday.
The company raised $768 million in its Series E funding round, increasing its overall valuation to $11.8 billion, according to a statement.
Led by Mubadala Investment Company, the round included Abu Dhabi Growth Fund (ADG), Alpha Wave Global, Sequoia Capital and Tiger Global as major investors, the statement read.
With this latest investment, the Istanbul-based company has raised $2 billion to date.
“We are defining the ultrafast delivery sector and this latest round of funding is a testament to Getir’s position as an industry pioneer,” said Nazim Salur, the company’s founder.
“This investment will enable us to further develop our proposition and technology, as well as invest in our employees to continue to attract the best talent.”
Ibrahim Ajami, head of ventures and growth at Mubadala, said Getir will continue to prove to be an industry leader as it expands into new categories and geographies.
“We remain impressed by the management’s ability to enter new markets whilst providing an exceptional customer experience,” he said.
Founded in Turkiye in 2015, Getir has since expanded its operations to the UK, Germany, France, Italy, Spain, Netherlands, Portugal and, most recently, the US.
In all, it operates in 81 cities in Turkiye and 48 cities across Europe and the US.
It has a total network of over 1,100 stores and close to 40 million app downloads across nine countries, delivering almost 1 million orders daily.
According to data published by global database CB Insights, Getir is now ranked 36th among 1,052 unicorn companies in the world.

Turkish startup Getir becomes Europe's 1st grocery delivery decacorn

Company's overall valuation rises to $11.8B billion after latest funding round - Anadolu Ajansı

www.aa.com.tr

 

[SabzShaheen]

Bro this company is a blessing with their deals. We can get £10-15 groceries for £1!!

 

[WinterFangs]

Bro this company is a blessing with their deals. We can get £10-15 groceries for £1!!

£16 for £1 on first order, trust me, the amount of times I’ve abused this on new accounts, I’m surprised I haven’t made them bankrupt

 

[Vergennes]

TBH I didn't even know it was Turkish.

 

[SabzShaheen]

£16 for £1 on first order, trust me, the amount of times I’ve abused this on new accounts, I’m surprised I haven’t made them bankrupt

Right?? I almost feel bad for our Turkish brothers

 

[Oublious]

getir means bring it....

 

[dBSPL]

Right?? I almost feel bad for our Turkish brothers

No worries. It is a company that has successfully passed the test of the free-deal/promotion sucking army called 'donanımhaber ölücüleri' (pls dont ask what donanımhaber ölücüleri mean, lol They may be the only entities with the stinginess that can overthrow capitalism).

 

[TheSnakeEatingMarkhur]

Turkish startup Getir becomes Europe's 1st grocery delivery decacorn​

Company's overall valuation rises to $11.8B billion after latest funding round​

Aysu Bicer |17.03.2022

​

ANKARA
Turkish startup Getir’s overall valuation has topped $10 billion, making it Europe’s first grocery delivery decacorn, the company announced on Thursday.
The company raised $768 million in its Series E funding round, increasing its overall valuation to $11.8 billion, according to a statement.
Led by Mubadala Investment Company, the round included Abu Dhabi Growth Fund (ADG), Alpha Wave Global, Sequoia Capital and Tiger Global as major investors, the statement read.
With this latest investment, the Istanbul-based company has raised $2 billion to date.
“We are defining the ultrafast delivery sector and this latest round of funding is a testament to Getir’s position as an industry pioneer,” said Nazim Salur, the company’s founder.
“This investment will enable us to further develop our proposition and technology, as well as invest in our employees to continue to attract the best talent.”
Ibrahim Ajami, head of ventures and growth at Mubadala, said Getir will continue to prove to be an industry leader as it expands into new categories and geographies.
“We remain impressed by the management’s ability to enter new markets whilst providing an exceptional customer experience,” he said.
Founded in Turkiye in 2015, Getir has since expanded its operations to the UK, Germany, France, Italy, Spain, Netherlands, Portugal and, most recently, the US.
In all, it operates in 81 cities in Turkiye and 48 cities across Europe and the US.
It has a total network of over 1,100 stores and close to 40 million app downloads across nine countries, delivering almost 1 million orders daily.
According to data published by global database CB Insights, Getir is now ranked 36th among 1,052 unicorn companies in the world.

Turkish startup Getir becomes Europe's 1st grocery delivery decacorn

Company's overall valuation rises to $11.8B billion after latest funding round - Anadolu Ajansı

www.aa.com.tr

Haven't used the app but was offered a job in UK.

 

[WinterFangs]

Haven't used the app but was offered a job in UK.

I heard that they provide you with everything, from equipment and a bike? not bad if true

 

[Lincoln]

£16 for £1 on first order, trust me, the amount of times I’ve abused this on new accounts, I’m surprised I haven’t made them bankrupt

Only in Europe

 

[TheSnakeEatingMarkhur]

I heard that they provide you with everything, from equipment and a bike? not bad if true

Yeah they provide you with uniform, electric motorcycle and I think even a mobile device. Not sure as I never worked in there.