560 million US dollars for Flink
Flink is on course for expansion: the valuation of the delivery service is now said to be 2.7 billion US dollars.
According to the Manager Magazin Flink has received 560 million US dollars from its investors. Following the financing round, the valuation of the fast delivery service has thus risen to 2.7 billion dollars.
Just under 15 percent of Flink 's shares are owned by the US delivery service Doordash. Mubadala Capital Ventures and Bond Capital are also among the investors in the German start-up. The Rewe Group is said to have a stake of around five percent in Flink.
Since it was founded last year, Flink has expanded rapidly: According to the Manager Magazin Flink is now also said to be larger than its competitor Gorillas. The delivery service is now represented in 41 German cities and delivers food to users within ten minutes of ordering.
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