Published 3 years ago

Delivery Hero buys minority stake in grocery delivery startup Gorillas

Summary by 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

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Reuters

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

3 years ago·United Kingdom

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CNBC

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.

3 years ago·United States

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Sky News UK

$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.

3 years ago·United Kingdom

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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.

3 years ago·Singapore

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OAN

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…

3 years ago·San Diego, United States

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