Gorillas: Getir Buys Grocery Rival Gorillas For $1.2B

Turkish delivery company Getir has bought German rival Gorillas in a deal worth $1.2 billion that will merge two of the remaining companies in Europe promising groceries in minutes. Serkan Borancili, who founded Istanbul-based Getir in 2015, shared the price tag on Twitter on Friday and said the combined company was now stronger. The deal [...] The post Getir Buys Grocery Rival Gorillas For $1.2B appeared first on Competition Policy International.