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{"id":35550,"date":"2023-06-21T21:48:56","date_gmt":"2023-06-21T21:48:56","guid":{"rendered":"https:\/\/scienceandnerds.com\/2023\/06\/21\/quick-commerce-startup-getir-plans-to-exit-france-amid-regulatory-issues\/"},"modified":"2023-06-21T21:48:57","modified_gmt":"2023-06-21T21:48:57","slug":"quick-commerce-startup-getir-plans-to-exit-france-amid-regulatory-issues","status":"publish","type":"post","link":"https:\/\/scienceandnerds.com\/2023\/06\/21\/quick-commerce-startup-getir-plans-to-exit-france-amid-regulatory-issues\/","title":{"rendered":"Quick commerce startup Getir plans to exit France amid regulatory issues"},"content":{"rendered":"

Source:https:\/\/techcrunch.com\/2023\/06\/21\/quick-commerce-startup-getir-plans-to-exit-france\/<\/a><\/br>
\nQuick commerce startup Getir plans to exit France amid regulatory issues<\/br>
\n2023-06-21 21:48:56<\/br><\/p>\n

\n

In a press release sent to AFP<\/a>, Getir has announced that it plans to exit France. As a reminder, Getir pioneered the concept of quick commerce. Those services allow you to order groceries without picking a delivery slot. Instead, companies like Getir start working on your order right away and can usually deliver your groceries in less than 30 minutes.<\/p>\n

Originally from Turkey, Getir is one of the biggest players in this relatively new space. At the height of the instant grocery bubble, Getir reached a valuation of $11.8 billion and expanded to several European countries. Quick commerce requires some steep upfront costs as companies need to build a network of dark stores in big cities so that customers live just a few minutes away from the nearest dark store.<\/p>\n

But funding dried up and many quick commerce startups couldn\u2019t reach profitability in time. That\u2019s why Getir acquired Gorillas<\/a> in late 2022. Gorillas itself had already acquired Frichti<\/a>, a French startup that delivered both ready-to-eat meals and groceries.<\/p>\n

\u201cThe complex legal environment and regulations imposed by local authorities made the company\u2019s success very difficult,\u201d a Getir spokesperson told AFP in a statement. In particular, in March, the French government decided that dark stores should be considered as warehouses \u2014\u00a0not stores. This way, local governments can decide whether they allow warehouses in city centers or not.<\/p>\n

It\u2019s unclear what\u2019s going to happen next. While Getir says that it plans to exit the French market altogether, the company has also filed for bankruptcy. Court-appointed administrators are still looking for another company that would be willing to take over some of Getir\u2019s activities in France. In the meantime, Getir\u2019s 1,800 employees in France don\u2019t know if they\u2019ll have a job in a few weeks as it depends on the result of this bankruptcy process.<\/p>\n

Flink, one of Getir\u2019s competitor, has also filed for bankruptcy<\/a> in France. Flink had previously snapped up<\/a> its French competitor Cajoo.<\/p>\n

As for Gopuff, the company has already left the country<\/a> in January. In other words, it sounds like the entire instant grocery delivery industry is disappearing in France\u2026 Quick commerce indeed.<\/p>\n<\/p><\/div>\n

<\/br><\/br><\/br><\/p>\n

Science, Tech, Technology<\/br>
\n<\/br>
\nSource:https:\/\/techcrunch.com\/2023\/06\/21\/quick-commerce-startup-getir-plans-to-exit-france\/<\/a><\/br><\/br><\/p>\n","protected":false},"excerpt":{"rendered":"

Source:https:\/\/techcrunch.com\/2023\/06\/21\/quick-commerce-startup-getir-plans-to-exit-france\/ Quick commerce startup Getir plans to exit France amid regulatory issues 2023-06-21 21:48:56 In a press release sent to AFP, Getir has announced that it plans to exit France. As a reminder, Getir pioneered the concept of quick commerce. Those services allow you to order groceries without picking a delivery slot. Instead, companies like […]<\/p>\n","protected":false},"author":1,"featured_media":35551,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"nf_dc_page":"","om_disable_all_campaigns":false,"pagelayer_contact_templates":[],"_pagelayer_content":"","_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[26,17,8],"tags":[],"class_list":["post-35550","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-science","category-tech","category-technology"],"yoast_head":"\nQuick commerce startup Getir plans to exit France amid regulatory issues - Science and Nerds<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/scienceandnerds.com\/2023\/06\/21\/quick-commerce-startup-getir-plans-to-exit-france-amid-regulatory-issues\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Quick commerce startup Getir plans to exit France amid regulatory issues - Science and Nerds\" \/>\n<meta property=\"og:description\" content=\"Source:https:\/\/techcrunch.com\/2023\/06\/21\/quick-commerce-startup-getir-plans-to-exit-france\/ Quick commerce startup Getir plans to exit France amid regulatory issues 2023-06-21 21:48:56 In a press release sent to AFP, Getir has announced that it plans to exit France. 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