Following its upcoming exit from France, quick commerce startup Getir is losing yet another European market: Spain. According to Spanish trade union CCOO, Getir failed to raise sufficient capital in a recent funding round. As a result, it will cease operations in the country and lay off its entire workforce of 1,560 employees. “We condemn the disastrous business management of Getir, which has not known how to grow or have a market strategy in Spain. Now its staff will suffer the biggest harm,” the union said in a statement. The Turkish-owned Getir Group emerged as the greatest rapid grocery delivery…
This story continues at The Next WebRead More