The quick commerce landscape has seen its fair share of ups and downs. While apps like Getir and Gorillas have faced valuation dips and operational challenges, one name stands out: Glovo. This Spanish-based last-mile delivery startup seems to have cracked the code, charting a path to potential profitability in a […]
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We grew our headcount too fast and face severe economic headwinds, says CEO Will Shu Deliveroo, the online food delivery company, has announced plans to cut 350 jobs, about 9% of its workforce, in response to the current economic situation. The company’s CEO, Will Shu, acknowledged the company’s rapid headcount […]
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Getir, the Turkish instant grocery delivery startup, has acquired FreshDirect, a New York-based online grocery delivery service, to expand its presence in the U.S. market and further establish itself as a consolidator in the grocery delivery sector. The terms of the deal have not been disclosed, but it is known […]
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Rapid grocery delivery service Getir has entered into a Europe-wide collaboration with Uber, enabling Uber Eats users to order groceries via the Getir platform. Starting today, Getir’s dark stores are available on the Uber Eats app in the UK, with plans to expand to the Netherlands and Germany in the […]
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Rapid delivery app Getir plans to cut 14% of its global workforce but has not provided details on which employees will be affected or when the layoffs will occur. This has left New York City store and delivery workers anxious and angry. The decision comes amid a challenging year for […]
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In a significant restructuring move, Getir has announced its decision to lay off over 10% of its global workforce, translating to 2,500 jobs. This decision comes after diminishing demand in the rapid grocery delivery sector post-pandemic. Having acquired its competitor, Gorillas, in a £1.2bn deal the previous year, Getir currently […]
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Amidst a turbulent period for the rapid grocery delivery company Getir, Chris Chaaya, the UK boss, has exited. Before his tenure at Getir, Chaaya held the position of UK boss at Gorillas, which was acquired by Getir in a £1bn deal last year. Since the acquisition in January 2023, Chaaya […]
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Getir, the ultrafast grocery delivery platform, has decided to pull out of Spain, Italy, and Portugal. This strategic move aims to concentrate the company’s financial resources on markets that present more robust opportunities for operational profitability and sustainable growth. This decision follows reports by the Spanish trade union CCOO in […]
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Ultra-fast delivery startups are either folding up or leaving markets, exiting the scene as quickly as they arrived. Ultra-fast delivery startups face challenges as they try to grow amid a volatile market. Investors are increasingly prioritizing profits and becoming wary of investing in unprofitable companies, leading to a slowdown in […]
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In today’s fast-paced world, ghost kitchens are cooking up a storm. These delivery-only restaurant concepts, devoid of wait staff or seating, redefine what it means to be a successful restaurant brand. A New Kind of Kitchen Ghost kitchens operate out of shared or dark kitchens, with no front-of-house to serve […]
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