Getir weighing asset sales as part of restructuring talks

Getir mopeds

Getir, one of the world’s largest rapid-delivery grocery platforms, is weighing a string of asset sales as part of a restructuring of the business after its valuation plummeted.

The Turkish delivery platform, which only two years ago was valued at more than £9bn, is considering a sale of assets including FreshDirect, a US-based online grocer it acquired last year, and BiTaksi, a ride-hailing service in Turkey.

 

Already have an account?

Want to read more?

Register for LIMITED guest access

Register now

Get premium access

£5 A MONTH for 3 months

Subscribe now