Grocery App Flink Raises $106 Million, Explores Sale to Rivals [BNN Bloomberg (Canada)]
DoorDash, Inc. (DASH)
Company Research
Source: BNN Bloomberg
its runway as the sector struggles with rising costs and sluggish demand, people familiar with the matter said. The company has also been in discussions with potential merger partners, said the people, who asked not to be identified as the talks are private. About a third of the financing has already been paid out, they said, adding that two further tranches could follow depending on the outcome of ongoing sale discussions with Turkish rival Getir and Dutch food delivery company Just Eat Takeaway.com NV. The round was led by Flink's existing backers, including German grocer Rewe Group, and venture capital investors Bond, Northzone and Cherry Ventures, the people said. Abu Dhabi's Mubadala Investment Co., also a Getir backer, and US food-delivery player DoorDash Inc. did not participate, they said. Some early details of the financing were reported by Business Insider and Handelsblatt last year. Flink and the investors declined to comment. Bond and DoorDash did not respond to a
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DASH
Earnings
- 2/15/24 - Miss
DASH
Sec Filings
- 4/30/24 - Form 144
- 4/26/24 - Form ARS
- 4/26/24 - Form DEFA14A
- DASH's page on the SEC website