Technology

Istanbul-based delivery startup Getir closes its acquisition of Berlin-based rival Gorillas, valuing the group at $10B; sources: Gorillas was valued at ~$1.2B (Tim Bradshaw/Financial Times)


Tim Bradshaw / Financial Times:

Istanbul-based delivery startup Getir closes its acquisition of Berlin-based rival Gorillas, valuing the group at $10B; sources: Gorillas was valued at ~$1.2B  —  Combined group worth $10bn represents a fall in valuation as investors turn against lossmaking tech start-ups


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