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

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.