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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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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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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Rising costs, slowing growth, and investor scrutiny lead to layoffs at significant players. In recent years, ultra-fast delivery companies have been one of the fastest-growing sectors in the tech industry. But as the industry matures, it faces a perfect storm of challenges. Rising costs, slowing growth, and investor scrutiny lead […]
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Code quality is one of the most critical aspects of software development, but it can also be one of the most challenging and time-consuming tasks. Manual code review and refactoring can be tedious, error-prone, and inconsistent. That’s why we are excited to introduce AWS CodeWhisperer, a new tool that leverages […]
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It appears that Getir, a Turkish company, has acquired Gorillas, a German company, in a deal that values Getir at around $8.8 billion. Both Getir and Gorillas are quick commerce companies operating in the space of on-demand delivery of groceries and other goods. According to the information provided, Getir is […]
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It has been announced that Getir has acquired Gorillas, a significant consolidation deal in the instant grocery delivery space. Getir is a Turkish company that launched its service in 2015 and has since expanded to multiple European and US countries. The acquisition comes as the rapid grocery delivery industry has […]
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