Getir announces withdrawal from Portugal, Spain and Italy

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Delivery platform does not reveal how many workers will be affected in the national market.

Shopping delivery platform Getir announced this Thursday that it intends to end its operations in Portugal, Spain and Italy “in an orderly manner”, having not revealed how many workers will be affected in the national market.

“Getir, a pioneer in ultra-fast grocery delivery, has announced that it intends to end its operations, in an orderly manner, in Spain, Italy and Portugal,” the company said in a statement sent this Thursday, noting that it is “finalizing a financing round”.

The Turkish startup, which in March 2022 completed a $768 million Series E funding round — bringing its valuation to $11.8 billion — employed “more than 200 people” in Portugal in May of that year.

On June 21, the Getir Group, which includes the Getir, Gorillas and Frichti brands, had already announced to workers that it would leave the French market at the end of this month, according to Le Monde.

On 30 June, the Spanish trade union confederation Commissions of Workers (CCOO) criticized the company’s intention to leave Spain, where it said it has almost 1,600 workers.

US news portal TechCrunch reported this week that investment fund Mubadala, owned by the emirate of Abu Dhabi, had confirmed that it intended to lead the delivery company’s next investment round.

“We are currently in advanced talks with Getir to lead its next investment round and continue to work closely with the company to support its growth in the coming years,” said a spokesperson for the fund quoted by TechCrunch.

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