Quick commerce
Zepto, an Indian quick commerce startup, has more than doubled its valuation to $3.6 billion in a new funding round of $665 million.
Featured Article
Can quick commerce leapfrog e-commerce in India?
Even as quick commerce startups are retreating, consolidating or shutting down in many parts of the world, the model is showing encouraging signs in India. Consumers in urban cities are embracing the convenience of having groceries delivered to their doorstep in just 10 minutes. The companies making those deliveries —…
Featured Article
Quick commerce is making fast inroads in India
Even as quick commerce is slowly fading in many markets and several heavily funded startups have folded shop in the past two years, India is emerging as a striking outlier where the model — of delivering items to customers in 10 to 20 minutes — appears to be working. India’s…
La Belle Vie acquires Frichti following bankruptcy process
French grocery delivery startup La Belle Vie is acquiring Frichti, another food delivery service that was placed under court-ordered receivership. TechCrunch can confirm that the court picked La Belle Vie’s…
Quick commerce startup Getir plans to exit France amid regulatory issues
In a press release sent to AFP, Getir has announced that it plans to exit France. As a reminder, Getir pioneered the concept of quick commerce. Those services allow you…
Duffl’s David Lin dishes on why traditional rapid grocery delivery is not working
David Lin believes his quick commerce startup, Duffl, is an outlier in an industry that has seen its fair share of struggles lately.
Deliveroo tweaks ‘dark store’ model to let grocery shoppers in the door
In the latest quick commerce headspinner, Deliveroo is experimenting with expanding its rapid grocery business by opening a new type of ‘dark store’ in Central London. As well as functioning…
Getir, the $12B instant delivery startup, plans to axe 14% of staff globally and cut aggressive expansion plans
It continues to be a very rough week for e-commerce companies in Europe. In the latest development, TechCrunch has learned and confirmed that Getir — the $12 billion quick commerce upstart…
Getir is now worth nearly $12 billion after raising another $768 million
Instant delivery startup Getir announced that it has closed a new $768 million Series E funding round. Following this deal, the company reached a valuation of $11.8 billion. Mubadala Investment…
La Belle Vie raises $28 million to build an online supermarket from scratch
French startup La Belle Vie announced that it has raised a $28.2 million (€25 million) Series B round led by Left Lane and Quadrille Capital, with existing investor Capagro also…
