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(S+) Gorillas Delivery Service: The One Billion Euro Bet (Podcast)

2022-08-04T04:05:54.198Z


Groceries delivered to your door, that's practical - but companies like gorillas usually pay extra. Now money is running out.


Groceries delivered to your front door in ten minutes - in some German cities there are several providers who promise this.

It's a good service for the customers, but for the companies behind it it's usually a bad deal, and they even pay more for it.

Huge investments make it possible, hundreds of millions of euros in venture capital.

At least for now, because one of the big providers is in crisis: Gorillas is running out of money, and whether investors are willing to put hundreds of millions of euros into the start-up again is anything but certain.

Is it only gorillas who have a problem, or was that the dream of a fast delivery service?

Answers from SPIEGEL business editor Anton Rainer in the daily podcast.

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Source: spiegel

All business articles on 2022-08-04

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