Consumer/News/ Speedy grocery Getir buys UK competitor Weezy It’s the latest consolidation in a fiercely competitive industry where investors say only one or two big winners will emerge. By Eleanor Warnock 23 November 2021 Credit: Katja Staple Credit: Katja Staple \Consumer European vet techs are in good health for 2023 By Adam Green 16 February 2023 Consumer/News/ Speedy grocery Getir buys UK competitor Weezy It’s the latest consolidation in a fiercely competitive industry where investors say only one or two big winners will emerge. By Eleanor Warnock 23 November 2021 Getir, Europe’s most valuable speedy grocery startup, said Tuesday it was buying its smaller UK competitor Weezy. It’s the latest consolidation in a fiercely competitive industry where investors say only one or two big winners will emerge. Getir said Tuesday that the acquisition “further solidifies Getir’s long-term commitment to the UK market”. Founded in 2019, Weezy operates in London, Manchester, Brighton and Bristol. The company’s 700 employees will join Getir. No sale price was given. Based in Turkey, Getir launched in Europe earlier this year, promising to bring everyday grocery items to homes in a matter of minutes with the use of a mobile app. The service was the most downloaded speedy grocery app in Europe this year, according to App Radar. The company, which has raised more than $1bn, also launched in the US earlier this month, one of only two European services to make the jump across the Atlantic to date. It’s not the only acquisition in the speedy grocery sector. US on-demand grocery giant Gopuff bought two UK competitors, Dija and Fancy, this year. People with knowledge of the matter say that Gopuff also looked into acquiring Weezy. In Europe, Weezy only had 85,000 downloads on the Google Play store this year, compared to Getir’s 7.7 million. Additional reporting by Amy Lewin. Related Articles These were the biggest European tech startup news stories this week By Kim Darrah Click here to read more Totem: A new twist in the food delivery space By Amy Lewin Click here to read more Food delivery company Wolt receives backing from Delivery Hero’s founder By Amy Lewin Click here to read more How to make a native ad campaign that will get your brand noticed Sponsored by Microsoft Advertising Click here to read more Most Read 1 \Healthtech Is Daniel Ek’s new body scanner worth the hype? Sifted tried it out 2 \Venture Capital VC diversity needs to change — and white men need to take responsibility 3 \Venture Capital New €3.75bn European Investment Fund pot to back late-stage VCs 4 \Sustainability Counteract closes £15m fund for carbon removal solutions 5 \Mobility Was the $5bn that VCs plugged into escooters worth it?
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