Gorillas Is Running Out of Money

Gorillas is in acquisition talks with its biggest Turkish competitor, Gete. At its peak, the company was judged to be worth 2.1 billion by investors of an investment round of $1 billion last year. Largest shareholder is Kattoo, which is a US crossover fund that owns nearly a quarter of the business. Sifted Summit has somewhat destroyed the health of multiple members of the Sifted team.