Quick Commerce

Deliveroo Slashes Revenue Outlook On Deteriorating UK Economy

Food delivery company Deliveroo has slashed its full-year revenue guidance, blaming a worsening economic outlook as pressures on consumers mount.

Casino Group And Gorillas Extend Partnership To Include Frichti

Casino Group and Gorillas have signed a strategic agreement to extend their partnership to the quick commerce platform Frichti.

DoorDash Sees Tepid Q2 For Wolt As It Completes Takeover

U.S. food delivery firm DoorDash has forecast a slowdown in second-quarter orders at Wolt Enterprises from the start of the year as it completed the $3.5 b...

German Grocery App Gorillas To Cut Staff In Search Of Profit

Gorillas is to lay off 300 people, cutting its administrative staff in half, as the German grocery delivery app shifts focus from rapid expansion to turnin...

Quick Commerce Firm Flink Acquires Cajoo, Announces Carrefour Tie-Up

Flink SE has announced the acquisition of French peer Cajoo, in a move that positions the former as the largest quick commerce operator in France.

Quick Commerce Firm Getir Raises Additional $768m In Funding Round

Getir has raised $768 million in a Series E funding round, meaning the Turkish quick commerce firm has now reached a valuation of close to $12 billion.

Pop Market CEO Takis Malavetas Talks Quick Commerce

Greek start-up Pop Market believes that it can potentially go head to head with major supermarket players in a few years’ time, as consumer habits ch...