Reviews Gorillas challenger Flink secures 43 million euros for its delivery service
Telekom share just in green: Deutsche Telekom better than expected in the fourth quarter
Thanks to the acquisition of Sprint in the USA, Deutsche Telekom AG once again achieved impressive growth in the fourth quarter and exceeded the analysts' forecasts. © Provided by Finanz.net Ralph Orlowski / Getty Images But the DAX group also grew organically solid on this side of the Atlantic. The operating profit is expected to increase further in 2021.
The Berlin food delivery service Flink has raised 43 million euros from investors. The startup intends to use the capital to expand in Europe.
Just a few months after Gorillas started, Julian Dames, Christoph Cordes and Oliver Merkel founded the Berlin food delivery service Flink in September 2020. Like the delivery service Gorillasas a Prime Now competitor, Flink has also specialized in the delivery of groceries to your home - at retail prices and within a short time. Now Flink has obtained fresh funds for further expansion.
Energy: the annual heating bill is greater than one month's salary for many households
© MartinPrescott / Getty Images Energy: the annual heating bill is greater than one month's salary for many households The specialist in Renovation Effy today publishes the 2020 figures for the heating bill of the French. Results: the equivalent of more than a month's salary at the minimum wage is allocated to heating. 1,684 euros. This is what the French spent on average in 2020 on heating their homes.
Flink: Existing and new investors on board
In a financing round led by Target Global, which was also joined by existing investors such as Northzone, Cherry Ventures and - new - the Californian lender Triplepoint Capital, the startup is said to have raised a whopping 43 million euros, as reported by. In addition, Cristina Stenbeck from investor Kinnevik is said to be new on board. With the new round, the sum of the funds raised so far increases to 53 million euros.
The company, which was officially launched only around six weeks ago, intends to use the money to expand its business radius and expand into the Netherlands and France even faster than previously planned. In the second quarter, the first locations in cities like Amsterdam and Paris are to be built, it is said. The Flink delivery service is currently active in Berlin, Düsseldorf, Hamburg, Munich, Nuremberg and Cologne. More Flink locations in Germany are to be added soon.
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Federal Finance Minister Scholz lays down a new budget with record debt. High pandemics and lower tax revenues indicate the budget, but also after the crisis threaten too high expenses. © dpa Finance Minister Olaf Scholz (SPD) wants to make around 60.4 billion euros more debt in the current year than first planned. The ongoing coronapandemic is massively reflected in the Federal budget and ensures a never-way recording of new debts.
lightning delivery: new standard in shopping?
Investors see the new standard in the shopping area in the business model of ordering and delivering groceries within a few minutes, which is booming, especially during the corona pandemic, as Northzone manager Jessica Schultz, a Hellofresh co-founder, says. The food market is the perfect starting point for this - despite the challenging logistics. Because the goods customers want must always be in stock and be able to be delivered quickly.
Incidentally, the Flink founders are not newcomers to the field: Julian Dames, for example, was a co-founder of Foodora, CMO at Foodpanda and Vice President at Delivery Hero. Christoph Cordes was Co-CEO of Home24, and Oliver Merkel was responsible for the retail sector at Bain & Company. The Flink founders see their startup plans confirmed by customer feedback. Customers loved the fast delivery, some would even order several times a week, Merkel told Techcrunch.
Top Long-distance Touring Motorcycles of 2020 .
The best true touring motorcycles, baggers, and light touring bikes of 2020True tourers are the bikes that make no sacrifices for styling; they’re utilitarian machines designed for covering long miles, and they’re the best at hitting that mark. Baggers are more traditionally styled bikes equipped with hard bags and fairings; these are also equipped for long miles, but with a larger consideration toward styling. And the light tourers here are unfaired motorcycles without hard saddlebags, but that can still handle serious long-mile use with some modifications.