The ultrafast grocery delivery market in Europe is buzzing with consolidation moves as companies look to mergers and acquisitions, a strategy to remain competitive in the quickly growing space. On Tuesday (Nov. 23), Turkish startup Getir, which specializes in 10-minute delivery, agreed to acquire British rival Weezy as part of […]
Weezy
(Bloomberg) — U.K. rapid grocery company Weezy is working with investment bank Evercore Inc. to explore a potential sale of its business, according to people familiar with the matter, becoming the latest startup to consider the option as a means of coping with the industry’s intense competition and high costs. […]