Cash-strapped instant delivery giant Getir, trying to close funding, pulls out of Spain, Italy and Portugal

TechCrunch
By Ingrid LundenJul 27, 2023, 10:10 am235 pts
More tough times for the instant-delivery startups that once flooded the markets of Europe. Getir, the company backed by Sequoia and other big investors and once valued at upwards of $12 billion, today announced that it would be officially pulling out of Spain, Italy, and Portugal as it inched closer to…

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