Delivery Hero buys minority stake in grocery delivery startup Gorillas

$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.

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…

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.

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.

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…

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