Getir
This coverage examines Getir’s strategic decisions, market performance, and operational challenges within the UK retail sector. Reporting includes the company’s rapid expansion, subsequent withdrawal from the UK market, job impacts, and the broader implications for the rapid grocery delivery industry. Insights are provided for retail professionals interested in understanding the dynamics of quick commerce and its effects on employment and market trends.
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Jun- 2024 -24 JuneNews
Today’s news in brief-24/6/24
Shein’s plans for a £50bn flotation in London are under threat due to mounting concerns from Chinese officials over negative portrayals of the company in the UK. The British Fashion Council has expressed significant reservations about Shein’s business practices, particularly around labor exploitation. Although the company is based in Singapore,…
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24 JuneTechnology
Getir shareholders to split business in two amid UK market exit
Getir’s shareholders have reportedly backed a restructuring that means the Abu Dhabi state fund Mubadala will inject an investment of up to $250 (£197m) into the food delivery app, according to Sky News. This comes after Getir held a general meeting yesterday (23 June), where investors approved to split it…
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Apr- 2024 -25 AprilNews
Today’s news in brief-25/4/24
Getir is set to exit the UK and Europe as investors inject additional funds into the company, according to Sky News. The funding, expected to be in the tens of millions of pounds, will support the closure of operations in the UK, Germany, and the Netherlands. The move follows restructuring…
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25 AprilSupply Chain
Getir investors injects more cash to fund UK and Europe exit
Getir investors are reportedly set to inject more funds into the company to terminate its operations in the UK and Europe, according to Sky News. The company shareholders have drawn up provisional plans to pump tens of millions of pounds more into Getir in the coming weeks. According to sources…
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17 AprilOnline & Digital
Getir mulls asset sales amid restructuring talks
Grocery delivery app, Getir, is reportedly considering a number of asset sales as part of restructuring talks, according to Sky News. It is understood that the Turkish Group, which has expanded its presence in the UK, is in talks to offload FreshDirect, a US-based online grocer that it acquired late…
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Feb- 2024 -28 FebruaryNews
Getir donates £30k to charity through Nisa partnership
Getir has donated £30,000 to London’s Community Kitchen (LCK) thanks to its long-standing partnership with Nisa. Getir began stocking Co-op products nationwide from November 2022 after a successful trial period in local London stores. Funds were made possible through Nisa’s registered charity, Making a Difference Locally (MADL), which raises funds…
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Aug- 2023 -23 AugustNews
Getir to cut roles amid global restructuring
Getir, the ultrafast grocery delivery company, has announced a global restructuring to significantly increase “operational efficiency”, with plans to reduce its team and lay off almost 2,500 employees across its markets. The Getir network currently consists of roughly 23,000 people across five countries including couriers, pickers, and office employees. Following…
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Jul- 2022 -27 JulyComment
Quick delivery companies must build a brand beyond just awareness
One of the many changes in consumer behaviour brought upon by the pandemic has been the growing reliance on the rapid delivery of essential items to the home. From the urgent need of toilet paper has spawned a new wave of demand for the quick delivery of ‘nice to haves’…
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Jan- 2022 -25 JanuaryOnline & Digital
Getir to create 6,000 UK jobs in 2022
Getir, a rapid grocery delivery app, reportedly expects to create up to 6,000 jobs in the UK this year alone. According to Sky News, the Turkey-based start-up has already created 4,000 jobs in the country, a figure that is expected to rise to 10,000 by the end of 2022. The…
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Jul- 2021 -2 JulyComment
Scalable commerce – Why you should be thinking about this now
If, like me, you’re of a certain age, you’ll be able to remember the first version of the Apple website. It was all text, had an appalling layout and was light years from today’s sleek offering. Although that was all of ten years before the first iPhone appeared so we…
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