FW: Ex-Slync CEO Chris Kirchner guilty of wire fraud, money laundering
FREIGHTWAVES reports: Ex-Slync CEO Christopher Kirchner was found guilty Thursday of four counts of wire fraud ...
Ultrafast grocery delivery startups were once seen as part of the future of last-mile delivery, with several earning valuations over $1 billion just months after launching.
But could a merger between two of the young industry’s leaders improve its prospects?
That’s the hope for Istanbul-based Getir and Berlin-based Gorillas, which according to a report this week from Sifted are set to announce a merger in the coming days.
Reports of Getir acquiring Gorillas first surfaced in October, with sources telling the Financial Times that Gorillas shareholders would receive around $100 million in cash and 12% equity in the combined entity if a deal happens.
The Sifted report, though, paints a less favorable picture for Gorillas investors…
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