Getir, a fast delivery company that started to serve in Istanbul in July 2015, set out to bring market products to its users in 10 minutes. Founded by Nazım Salur, Serkan Borançılı, and Tuncay Tütek, the instant delivery startup has expanded to several European countries and attracted many investors.
Getir is currently available in Turkey, the UK, Italy, France, Germany, Portugal, the Netherlands, Spain, and the U.S. The company operates in all 81 cities in Turkey and 48 cities in Europe and the USA.
In December 2022, Getir closed the acquisition of Gorillas in a $1.2 billion deal that values the combined group at $10 billion. According to the people familiar with the matter, the deal values Gorillas at roughly $1.2 billion, down from $3 billion in September of last year. Getir has also cut its own valuation by around a quarter. After Getir hit a $11.8 billion valuation when it raised $768 million in March, the new combined entity is valued at $10 billion, with Gorillas comprising 12 percent of the total. This has left the existing Getir business valued at $8.8 billion. (Financial Times)
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