Gorillas

Q-commerceGermany
🀝 Acquired
PeakΒ $3.1 BillionToday
~-61%
from peak
  1. πŸ¦„
    Became a unicorn
    ~Mar 2021
  2. πŸ“ˆ
    Peak valuation
    $3.1 Billion ’21
  3. πŸ’”
    Became a Unitard
    Dec 2022
  4. πŸ’Έ
    Last valuation
    ~$1.21B
Current status
Getir acquisition $1.2B (2022)

How it happened

Gorillas was a German instant-grocery (Q-commerce) startup promising rapid delivery, peaking around $3.1B in 2021 amid a pandemic-era funding boom. As the rapid-delivery model proved unprofitable and capital tightened, the company faced steep cash burn, and rival Getir acquired it for about $1.2B in 2022, well below its peak. Glassdoor reviews from 2022-23 track the retrenchment from the warehouse floor up: staff described an over-fast expansion that torched cash, successive layoff and warehouse-closure rounds that several said were poorly communicated, and perks like free groceries pared back as budgets tightened. Many reviewers said the Getir takeover unsettled the culture further, bringing reorganizations and abrupt role cuts.

Employee accounts paraphrase anonymous, unverified reviews posted publicly on Glassdoor β†—. See our methodology.

Source: CNBC; Getir acq. $1.2B, Dec 2022

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