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Rapid Grocery Startup Jokr Raises Cash at $1.2 Billion Valuation

  • Rapid delivery firm nets $260 million from investors to expand
  • NY-based company operates across U.S. and LatAm markets
JOKR grocery handout

Source: JOKR

Rapid delivery firm Jokr raised $260 million in new financing from its investors, giving the company fresh cash to expand its business across the U.S. and Latin America.

Founded by Chief Executive Officer Ralf Wenzel, a former Delivery Hero SE executive, Jokr aims to bring consumers fresh groceries and other consumer goods in 15 minutes from urban micro-fulfillment centers.