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Delivery Hero Pours $200M Into German Grocery Firm Gorillas Technologies

pymnts
pymnts
 23 days ago
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Delivery Hero has plans to invest in Germany’s Gorillas Technologies, a grocery startup, as part of a $1 billion funding round, according to Bloomberg Thursday (Sept. 23). The new financing, per unnamed sourced quoted by Bloomberg, will value Gorillas at around $3 billion after the end of the deal. Delivery Hero will invest around $200 million, per the report.

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