Turkey’s Getir see valuation almost halved with new funding – report

April 19 (Reuters) – Turkish delivery company Getir has
raised about $500 million in a deal that cuts its valuation
almost in half, news website Insider reported on Wednesday,
citing industry sources.

The company has raised $300 million from Emirati wealth fund
Mubadala at a valuation of around $6.5 billion, according to the
report.

Getir and Mubadala did not immediately respond to Reuters’
requests for comment.
(Reporting by Lavanya Ahire in Bengaluru; Editing by Shounak
Dasgupta)