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Flink, the German instant grocery upstart, snaps up France’s Cajoo for ~$93M, takes fresh Carrefour funding, sources say at $5B valuation

Cajoo will be rebranded as Flink by Q2 of this year; and according to Flink, the combined business will overtake Getir as France’s biggest instant grocery business in terms of reach and turnover, covering Paris and eight other cities with 30 hubs, altogether a potential footprint of 6 million customers. Cajoo currently has 400,000 customers in France.
BUSINESS
Picture for Flink, the German instant grocery upstart, snaps up France’s Cajoo for ~$93M, takes fresh Carrefour funding, sources say at $5B valuation

Monday.Com Shares Drop Despite Q1 Beat; Clocks 84% Revenue Growth

Monday.Com Ltd MNDY reported first-quarter FY22 revenue growth of 84% year-on-year to $108.5 million, beating the consensus of $101.2 million. The net dollar retention rate was over 125%. The net dollar retention rate for customers with over ten users was over 135%. The number of paid customers with over $50,000...
STOCKS
Picture for Monday.Com Shares Drop Despite Q1 Beat; Clocks 84% Revenue Growth
Caroline James

Keelvar Receives $24 Million to Optimize and Automate Sourcing Decisions

Procurement is extremely important to many businesses, but it can be a very trying ordeal. That is where Keelvar comes in. The company provides a software solution for sourcing and automation that is targeted at enterprise-level businesses. With cost savings and higher efficiency, Keelvar is delivering on all fronts. To learn more about the company and its future direction, check out the announcement below.
ECONOMY
Picture for Keelvar Receives $24 Million to Optimize and Automate Sourcing Decisions
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