Getir Will Be Available In Spain
Getir will be available in Spain. The company bought the Blok application and will be serving in Spain soon.
Getir announced that it will start serving under its own name in Barcelona, Madrid and Milan by purchasing the entire Blok application, which operates in the fast grocery delivery sector.
As a result of a new funding round 3 months after its last funding, Getir tripled its valuation and increased it to 7.5 billion dollars.
In his speech about their frequent funding, Getir's CEO Nazım Salur said, "The reason we receive funding so often is that we entered the US market this year and did not leave it until later. Copies are everywhere and if we are not interested in the sector, others will be."
Getir announced later this year that it plans to operate in three major cities in the US. The company last received $300 million in funding from Seqouia Capital and Tiger Global in March, and Getir's valuation was $2.6 billion.
Getir, Turkey's Second Unicorn Company
Online grocery delivery app startup Getir reported being a unicorn, with a valuation of over $1 billion. Established in 2016, Getir was Turkey's second venture to reach unicorn value by receiving investment.