Jokr Raises $50M in Series D Funding
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JOKR's Valuation Soars To $800 Million After Latest Funding Round
JOKR CEO Ralf Wenzel believes the new investment would solidify the company's presence in Brazil's underserved grocery market, which is expected to reach $80 billion by 2026.
Source: latintimes.com
JOKR now valued at $800M after bagging about $50M in Series D funding
The new investment not only puts the company on a path toward profitability, but also solidifies its place in Brazil’s underserved grocery market.
Source: techcrunch.com
Grocery deliverer JOKR doubles down on Brazil as it secures $50M on $1.3B valuation
JOKR hit gross-profit status last April, but was swept into the challenging economic environment affecting instant grocery delivery companies.
Source: techcrunch.com
Food delivery company JOKR confirms closing of Santiago, Medellin operations
The company said the closings were needed to “further tighten our geographical footprint" as it works to reach profitability.
Source: techcrunch.com