The grocery delivery service has reportedly pulled in $950m to $1bn through a Delivery Hero-led round at a valuation of $3bn.
Online food ordering service Delivery Hero is leading a $950m series C round for Germany-based grocery delivery service Gorillas, The Information has reported, citing two people with direct knowledge of the situation.
The round includes internet group Tencent, investment management firm Coatue Management, investment firm DST Global and venture capital firm A-Star Partners, and reportedly values the startup at $3bn.
Sources told Bloomberg the round was sized at $1bn, with Delivery Hero contributing nearly $200m of the total.
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