Getir Will Receive Additional Investment From An Investor

Getir will receive additional investment from an investors. It is stated that this investment is 150 million dollars.

Retail distribution company Getir secured a new investment of $150 million from its current investor. Retail distribution company Getir has increased its investment to over $1.1 billion this year, with additional investment from an existing investor, according to sources familiar with the matter who spoke to Bloomberg. Sources stated that with an agreement made in the past weeks, the investor in question increased his stake in Getir by investing $150 million. The sources did not specify how much the investment was made at valuation or how many shares changed hands as a result of the transaction. Sources stated that Getir's latest funding will be used for growth in Turkey and around the world. The value of Getir nearly tripled to $7.56 billion with the most recent investment round. The Getir representative did not comment to Bloomberg on the matter.