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General Catalyst plans to invest $5B in India over five years, an increase from the $500M to $1B previously announced, after merging with a local VC in 2024 (Jagmeet Singh/TechCrunch)

Jagmeet Singh / TechCrunch : General Catalyst plans to invest $5B in India over five years, an increase from the $500M to $1B previously ...

29 April 2024

Getir plans to close its quick grocery delivery operations in the US, the UK, and Europe to focus on its home market of Turkey, impacting 6,000+ jobs (Ingrid Lunden/TechCrunch)

Ingrid Lunden / TechCrunch:
Getir plans to close its quick grocery delivery operations in the US, the UK, and Europe to focus on its home market of Turkey, impacting 6,000+ jobs  —  True to its business concept, Turkey's “instant delivery” juggernaut Getir rose quickly.  Now, with the quick commerce industry in free fall, it is nosediving just as fast.

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