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Delivery service Getir exits U.S.; FreshDirect to continue operating

Company also exits Europe to focus on home market in Turkey

Mark Hamstra

April 30, 2024

2 Min Read
getir_freshdirect.jpg
Getir had recently said it was considering restructuring its operations.Getir

Rapid-delivery company Getir said it will wind down its operations in the U.S. and Europe to focus on its home market of Turkey.

FreshDirect, the New York-based grocery ecommerce company that Getir acquired last year, will continue to operate, a spokesperson for FreshDirect told Supermarket News.

“We are committed to guaranteeing a seamless and uninterrupted process, maintaining the exceptional service our customers have grown accustomed to,” said Lauren Jangl, the FreshDirect spokesperson.

Getir, which had expanded rapidly in Europe and the U.S. amid a surge in demand for ecommerce during the pandemic, had recently said it was considering restructuring its operations. The company launched in the U.S. in 2021 in New York City, Boston, and Chicago with the promise of 10-minute delivery of an assortment of about 1,500 everyday items.

Since that time, rapid-delivery services have struggled to generate traction. In December 2022, Getir acquired rival Gorillas for about $1.2 billion, and in 2023 it was reportedly in discussions to buy German delivery company Flink before it acquired FreshDirect in the U.S.

In addition to its U.S. operations, Getir also said it would exit from Germany, The Netherlands, and the U.K. In July of last year, the company shuttered its operations in Italy, Spain, and Portugal.

It was not immediately clear what the ownership structure for FreshDirect would look like following Getir’s exit from its other delivery operations in the U.S. Before being acquired by Getir last year, FreshDirect had been owned by the U.S. arm of Ahold Delhaize.

In a statement to media, Getir said it had raised funds in a new investment round led by current investors Abu Dhabi-based sovereign wealth fund Mubadala and venture capital firm G Squared to bolster its core business in Turkey.

The company had previously raised nearly $2 billion in funding via several rounds of financing, including $768 million in 2022 before it acquired Gorillas.

About the Author

Mark Hamstra

Mark Hamstra is a freelance business writer with experience covering a range of topics and industries, including food and mass retailing, the restaurant industry, direct/mobile marketing, and technology. Before becoming a freelance business journalist, Mark spent 13 years at Supermarket News, most recently as Content Director, where he was involved in all areas of editorial planning and production for print and online. Earlier in his career he also worked as a reporter and editor at other business publications, including Financial Technology, Direct Marketing News, Nation’s Restaurant News and Drug Store News.

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