After the launch of more than a dozen rapid grocery apps in the US and Europe by mid-2021, the market has been consolidating over 2022. Alven participated in this consolidation as a historical shareholder of Frichti which merged with Gorillas earlier this year. The merger with Getir values Gorillas 1,2bn$.
After the launch of more than a dozen rapid grocery apps in the US and Europe by mid-2021, the market has been consolidating over 2022. Alven participated in this consolidation as a historical shareholder of Frichti which merged with Gorillas earlier this year. The merger with Getir values Gorillas 1,2bn$.
Getir is a strong leader in Turkey and is present in 10 countries. The merger with Gorillas is creating a European leader and very substancial synergies are expected in the transaction, notably reducing the customer acquisition costs of the combined entity and optimizing its dark shops network and supplier relationships.
Supercede, the leading reinsurance technology platform, has announced the successful completion of a USD $15 million Series A funding round. This significant…