Management Feud at Delivery App Getir Turns Bitter After Exits
- Head of strategy exits amid deepening shareholder dispute
- Executives at investor Mubadala visited Getir in Turkey
A courier for the food delivery service Getir in Barcelona, Spain.
Photographer: Angel Garcia/BloombergThis article is for subscribers only.
A power struggle at grocery delivery company Getir is turning increasingly bitter as the Istanbul-based startup shuts down foreign operations and shareholders spar over key management positions.
The acrimony between the company’s Turkish founders and foreign investors, led by Abu Dhabi’s wealth fund Mubadala, reached a new high last week following the dismissal of an executive in charge of strategy, according to several people with direct knowledge of the matter, who asked not to be named speaking about problems inside the private company.