Turkish language fast Getir start delivery is in advanced conversations for buy Bloomberg News reported that its competitor, Gorillas Technologies GmbH, based in Berlin on Monday citing people a favour with Subject.
potential deal give Getir . Scale in key The report said that European markets including the United Kingdom and Germany.
number final decisions It has been madebut the proposed deal will be a combination of cash And fairness, Bloomberg added.
The gorilla was working with JP Morgan on fundraising plans And the other strategy optionswhich includes sale of some or all of that it businessReuters reported in Jun.
Earlier, sources close to the topic also He said that the gorilla was in talks with some of that it competitors about possibility of merger or sale.
After incorporation in 2020, gorilla fast attracted Capital on the rise of COVID-19 lockdowns, which are on the rise in popularity of Delivery Services. However, the company recently had to lay off workers and exit some markets in in which you work.
Gorillas CEO, Kagan Sommer, said earlier this year that they plan to search for new Financing to return the company to profitability.
earlier this year Getir closed $768 million in funding round Led by Mubadala, the government investor in Abu Dhabi, which estimated the company at $12 billion. The conference was attended by the Abu Dhabi Fund for Growth, Alpha Wave Global, Sequoia Capital and Tiger Global. in Finance round.
A Getir spokesperson, when contacted by Reuters, said they can’t “neither… confirm Or deny the Bloomberg report, while Gorillas said it wouldn’t offer anything comment.
