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

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

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