Turkey-based fast-delivery firm Getir had preliminary talks late last year about merging with Flink, the Germany-based startup, in a sign that consolidation in the fast-delivery sector may have another round to go.
Merging with Flink would strengthen Getir in Germany, where it expanded through last year’s acquisition of Gorillas. Flink came away from the discussions uninterested in pursuing a merger, said a person close to Flink. Instead, Flink, which last raised money at a valuation of $2.8 billion in late 2021, would rather raise a fresh round of capital, the person said.
