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Nov 29, 2021SUBSCRIBE NOW

Delivery Hero buys minority stake in grocery delivery startup Gorillas

Delivery Hero said on Tuesday it had invested $235 billion in the Berlin-based grocery delivery company Gorillas, amid a boom in rapid delivery services. The purchase means Delivery Hero will own 8% of the fast-growing startup which operates in nine countries and has coveted 'unicorn' status little more than a year after its foundation. The investment is part of a series C
1 month ago

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ReutersC

Delivery Hero buys minority stake in grocery delivery startup Gorillas

BERLIN - Delivery Hero said on Tuesday it had invested $235 billion in the Berlin-based grocery delivery company Gorillas, amid a boom in rapid delivery services. The purchase means Delivery Hero will own 8% of the fast-growing startup which operates in nine countries and has coveted 'unicorn' status little more than a year after its foundation. The investment is part of a series C

1 month ago|United Kingdom
CNBC
CNBCC

German food delivery giant Delivery Hero leads $1 billion investment in grocery start-up Gorillas

Delivery Hero has invested $235 million in Gorillas as part of a $1 billion funding round.

1 month ago|United States
Today
Today

Delivery Hero buys minority stake in grocery delivery startup Gorillas

BERLIN - Delivery Hero on Tuesday said it had invested $235 million in Berlin-based grocery delivery company Gorillas, as the race to dominate the rapid delivery service sector picks up speed.

1 month ago|Singapore
Sky News
Sky NewsC

$1bn Gorillas fundraising shows appetite for growth in rapid grocery delivery sector

The sector, which also includes the likes of Getir, Zapp and Jiffy, seems to have sprung up almost overnight - with expansion boosted by lockdowns and funded by billions of dollars from venture capital.

1 month ago|United Kingdom
OAN
OANR

Delivery Hero buys minority stake in grocery delivery startup Gorillas

October 19, 2021BERLIN (Reuters) – Delivery Hero said on Tuesday it had invested $235 billion in the Berlin-based grocery delivery company Gorillas, amid a boom in rapid delivery services.The purchase means Delivery Hero will own 8% of the fast-growing startup which operates in nine countries and has coveted ‘unicorn’ status little more than a year after its foundation. The investment is part of a series C funding round which has raised clos…

1 month ago|San Diego, United States
Bloomberg Quint
Bloomberg Quint

Delivery Hero Leads $1 Billion Funding Round for Gorillas

(Bloomberg) --Continue Reading. Read more on Markets by BloombergQuint.

1 month ago|
TechCrunch
TechCrunch C

Gorillas grabs ‘close to’ $1BN, Series C values the on-demand grocery delivery biz at $2.1BN – TechCrunch

Berlin-based on-demand grocery delivery and dark store operator Gorillas has grabbed “close to” $1 billion in Series C funds, in the latest sign of the searing investor interest driving activity in urban food shopping apps across the continent and beyond. The round is being led by anoth…

1 month ago|United States
techmeme.com
techmeme.com

Berlin-based grocery delivery startup Gorillas raises nearly $1B, including $235M from Delivery Hero, at a ~$3B post-money valuation

By Alexander Michael Pearson / Bloomberg. View the full context on Techmeme.

1 month ago|
UKTN (UK Tech News)
UKTN (UK Tech News)

Delivery Hero leads $1B investment in on-demand delivery startup Gorillas - UKTN (UK Tech News)

In a recent development, Gorillas, a Berlin-based on-demand grocery delivery startup, has successfully raised close to $1 billion in a Series C funding

1 month ago|
grocerydive.com
grocerydive.com

Gorillas nabs nearly $1B in Series C funding led by Delivery Hero

The funding puts the ultrafast delivery startup at a pre-money valuation of $2.1 billion and gives Delivery Hero a roughly 8% stake in the company.

1 month ago|
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BIAS COVERAGE DISTRIBUTION

5 of these news sources are bias rated
4 are CENTER
C 80%
R 20%
Reuters
CNBC
Sky News
TechCrunch
OAN
Total News Sources11Leaning Left0 sourcesLeaning Right1 sourceCenter4 sourcesLast Updated1 month ago
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