Startup Europe — The Sifted Podcast cover image

Getir is laying off 2,500 employees to try and survive

Startup Europe — The Sifted Podcast

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Delivery Companies' Struggles and Northfold's Expansion

This chapter explores the challenges faced by delivery companies like Getir and Oja, including legal issues, business model difficulties, staff layoffs, and market exits. It also highlights the success of Swedish battery manufacturer Northfold, which raised a $1.2 billion convertible note and plans to expand its gigafactory capacity in Germany and potentially North America.

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