Says it is leaving international markets (Il Sole 24 Ore Radiocor) - New York, 29 Apr - Online grocer Getir said it is leaving international markets including the US, Europe and the UK to focus on its core market in Turkey where it makes most of its money.

The Istanbul-based company said it raised a new investment round led by Abu Dhabi sovereign wealth fund Mubadala and venture capital firm G Squared 'to bolster its competitive position in its core food and grocery delivery businesses in Turkey.' Getir flourished at the height of the Covid-19 pandemic when consumers used its online services in droves.

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(RADIOCOR) 29-04-24 16:27:55 (0464) 5 NNNN