Getir Is Seeking Investment For The New York Stock Exchange

Getir is seeking investment for the New York Stock Exchange. The company is considering an IPO to grow in the US.

Retail distribution company Getir has been in search of new funds for the company with a valuation of at least 7 billion, according to information reported by sources close to the subject to Bloomberg. The company recently raised $ 300 million from Seqouia Capital and Tiger Global in March, and the valuation of Getir was recorded as $ 2.6 billion. While sources conveyed the information that Getir aims to attract an additional investment of at least 500 million dollars, Getir did not comment on this issue. Sources said that Getir wants to grow in the US market with new financing, and the talks may end next month and the company plans to go public on the New York Stock Exchange two years later. During the pandemic process, while the demand for fast delivery companies suddenly increased, Getir used this situation in its favor and expanded out of London and Turkey.