In today’s top Europe, Middle East and Africa news, brand aggregator Flummox raised $12.9 million (€11.8 million), while former Wirecard CEO Markus Braun has been charged with fraud, breach of trust and accounting manipulation. Plus, German express delivery startup Gorillas finalized its purchase of the...
Today in food commerce, DoorDash announces an accelerator for consumer packaged goods businesses owned by people from marginalized groups, and Gorillas finalizes its acquisition of Frichti. Plus, PYMNTS data suggests that consumers may not yet be fully onboard with voice-assisted restaurant ordering. Turkey’s Rapid Delivery...
German express delivery startup Gorillas finalized the closing of its first acquisition deal for the French delivery start-up Frichti for undisclosed terms, according to multiple media reports. Founded in 2015 and already profitable, Frichti offers operational efficiency and expertise around the private label and ready-to-eat...
Today in food commerce, Indian food delivery giant Swiggy raises $700 million, while Latin American grocery delivery startup Calii brings in $23 million. Plus, PYMNTS research reveals that grocers’ price increases could send shoppers running right into the arms of competitors. Indian Food Delivery Giant...
March 14, 2022
German express delivery startup Gorillas finalized the closing of its first acquisition deal for the French delivery start-up Frichti for undisclosed terms, according to multiple media reports. Founded in 2015 and already profitable, Frichti offers operational efficiency and expertise around the private label and ready-to-eat segments. It delivers fresh groceries, private label products, and ready-to-eat […]
January 24, 2022
German rapid grocery startup Gorillas is working on a deal to acquire the French delivery firm Frichti for undisclosed terms, Bloomberg reported on Monday (Jan. 24). The combined entity would...
