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Announced

GGV, Balderton Capital and Tiger Global led a $170m funding round in Jokr

Financials

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Transaction Value£124m
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Sources

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Tags

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E-commerce

Private Equity

Friendly

Venture Capital

Private

Acquisition

Completed

delivery

Minority

United States

Domestic

Synopsis

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GGV, Balderton Capital and Tiger Global, the venture capital firms, led a $170m funding round in Jokr, a delivery retail startup. Other investors include Activant Capital, Greycroft, FJ Labs, Kaszek, Monashees, HV Capital. "There is an opportunity to create a faster Amazon, a more personalized Amazon, a more sustainable Amazon and a more local Amazon. We grew significantly faster than what we thought, but the fast growth was not on the back of significant burn or discounting," Ralf Wenzel, CEO and Founder.

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