Getir in 'advanced talks' to acquire rival Gorillas

Getir, the food delivery service with operations in the UK and throughout Europe, is in ‘advanced talks’ to acquire delivery service rival Gorillas, according to reporting by Bloomberg.

Sources told Bloomberg the proposed deal would be a mix of cash and equity but added that no final decisions have been made and the deliberations may not result in a transaction.

In 2021, Getir, which was founded in Istanbul, Turkey in 2015, hit a valuation of $7.5 billion. In March 2022, the company received a further $800 million investment bringing its valuation to around $11.8 billion.

National Technology News has approached Getir and Gorillas for comment.

    Share Story:

Recent Stories


Bringing Teams to the table – Adding value by integrating Microsoft Teams with business applications
A decade ago, the idea of digital collaboration started and ended with sending documents over email. Some organisations would have portals for sharing content or simplistic IM apps, but the ways that we communicated online were still largely primitive.

Automating CX: How are businesses using AI to meet customer expectations?
Virtual agents are set to supplant the traditional chatbot and their use cases are evolving at pace, with many organisations deploying new AI technologies to meet rising customer demand for self-service and real-time interactions.