Turkish quick delivery company Getir to buy rival Gorillas in $1.2b deal

Turkish quick delivery company Getir to buy rival Gorillas in $1.2b deal

FILE PHOTO: A courier of the fast grocery deliverer Getir rides a bike February 8, 2022. REUTERS/Piroschka van de Wouw/File Photo

Turkish fast delivery company Getir completed its purchase of German rival Gorillas in a deal worth $1.2 billion that it said put it in a leading position in consolidation in the sector, the company said on Friday.

Serkan Borancili, who founded Istanbul-based Getir in 2015, shared the price tag on Twitter and said the combined company is now stronger.

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