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Getir in Talks to Buy Gorillas

By
Martin Peers
· · Source: Bloomberg

The instant delivery market is consolidating further. Getir is in “advanced talks” to buy Gorillas, Bloomberg reported Monday, for a mix of cash and equity. Getir, based in Turkey, has shown signs of resilience even as rivals have shrunk or gone out of business. It raised $768 million in March at a valuation of $11.8 billion, according to PitchBook, and expanded into the U.S. Gorillas,...

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