Y?ld?z Ventures Newsletter – Aug’22

Breaking News - ?? Online grocery / Food Delivery:

?? Getir delivery startup was valued at more than $11 billion. Then it slashed thousands of workers - link

?? Uber is looking to change its ‘frustrating’ US grocery experience - link

? Rapid grocer Gorillas launches coffee shop at London dark store - link

?? Yemeksepeti Mahalle, hizmetleri aras?na Semt Pazarlar?’n? da ekledi - link

?? Delivery Hero achieves adjusted EBITDA breakeven for May, June - link

?? Uber ramping up grocery service with new features on Eats app - link / Uber updates grocery delivery service with after-hours ordering and more - link

?? The Speedy Downfall of Rapid Delivery Startups - link

? Deliveroo squeezed by belt-tightening consumers - link

?Deliveroo loses less by selling less - link

? New York state is investigating Getir's employment practices as the rapid-delivery startup's employees say the company shorted their paychecks and paid workers under the table – link

?? The key players in Southeast Asia’s quick commerce space - link

?? What’s next for Gopuff and rapid delivery as the young industry hits ‘an inflection point’? - link

?? Nobody wants to pay for ultra-fast food delivery - link

?? Gopuff sales skyrocket, as potential IPO looms - link

? Gopuff laying off 10% of global workforce, closing dozens of US warehouses - link

? Gopuff’s Europe SVP Exits While Firm Weighs Pullback - link

?? Food redistribution app sees demand soar as cost of living crisis bites - link

?? Food and grocery delivery company DoorDash is raising the bar for orders through its subscription service DashPass - link

?? Opinion: Can Retail Grocers Save Quick Commerce? - link

? What’s the Point of 15-Minute Grocery Delivery? - link

?? Gopuff and BurgerFi expand delivery nationwide - link

?? Ocado has revealed the locations of two new warehouses which will service its rapid delivery arm Zoom by Ocado. - link

?? Amazon takes stake in Grubhub, adds food delivery perks to Prime / Just Eat Takeaway'e yat?r?m yapan Amazon, Grubhub+ servisini Prime'a dahil etti - link - link

?? Gorillas-owned rider platform Street Fleet lays off 100+ riders and is set to shut down - link

?? ?? Will Gorillas-owned Fleet Street's riders ever get paid??In the latest episode of?The Sifted Podcast?we dive into the latest controversy to hit speedy grocery, quantum computing as a service (QCaaS) and compare Glastonbury to... a festival in the metaverse? – Spotify podcast

?? Gorillas’ Retreat Signals a Reckoning for Delivery Apps - link

?? Indian food delivery major Zomato is set to acquire local quick commerce firm Blinkit for US$570 million in an all-stock deal. - link

?? Supermarket customer satisfaction rises as complaints in other sectors reach record levels - link

? Delivery Hero and Glovo targeted for EU antitrust inspection - link

Startups / VC News:

? Venture capital’s silent crash: when the tech boom met reality - link

?? ?Türkiye’nin yeni dijital platformu: Ba?lat.tv - link

?? Perakende sekt?rü i?in geli?tirdi?i yapay zeka modülü ile ekrana bakan ki?ileri analiz eden ve sonras?nda yapay zeka deste?iyle olu?an i?erikleri payla?an Octopus APY Ventures liderli?inde 750 bin dolar ald?

?? Laboratuvar ortam?nda elmas üreten yerli giri?im Appsilon, Esas Private Equity liderli?inde 12.5 milyon Euro yat?r?m ald? - link

??? US based livestream shopping company Whatnot’s valuation doubles to $3.7B as livestream shopping gains popularity in US - link / 260 milyon dolar yat?r?m alan Whatnot'?n de?erlemesi 3,7 milyar dolara ula?t? - link

?? Sequoia Warns Founders of ‘Crucible Moment,’ Advises How to ‘Avoid the Death Spiral’ - link

?? Mark-to-market to arrive at a realistic valuation and improve your fundraising odds - link

?? ?StartupCentrum H1 2022 Turkey Startup Ecosystem report - link

?? Startupswatch H1 2022 Turkey Startup Ecosystem report – link

?? Pitchbook Q2 2022 VC report - Strong fundraising in Q2 a positive sign for VC market – link

? The Great VC Pullback of 2022 - link

?? So are we in a startup recession or what? - link

?? Equity crowdfunding appears immune to market volatility, on track for its best year yet - link

? Twitter lays off 30% of its talent acquisition team - link

?? Mart?, SPAC y?ntemi ile New York borsas?nda halka arz ger?ekle?tirecek - link

?? Modanisa, Re-Pie Portf?y liderli?inde 20 milyon dolar yat?r?m ald? - link

?? Buy now, pay later giant Klarna has raised $800 million in a new round of funding that values the company at $6.7 billion. The new valuation is a significant drop from its last. The company was valued at around $46 billion last year, meaning its valuation has fallen around 85%. - link

E-commerce / Grocery: ???

?? Q2'2022 State of Retail Tech report – link

??? Shopify’s pandemic boom is finally over — here’s how the e-commerce company is reinventing itself - link

????? Amazon sinks after Walmart lowers profit outlook on inflation concerns - link

?? Even Tech Giants Like Amazon and Meta Can’t Escape the Slowdown - link

?? Migros Up ve Hergele Mobility ekiplerinin mikromobilite teknolojisini kullanarak geli?tirdi?i ürün ta??ma arac? WAMO, 3 ay gibi k?sa bir sürede tasarlanarak uygulamaya al?nd?. - link

? 'The party is over' for Amazon aggregators. Insiders share what's next — from fire sales to dramatic pivots — as funding evaporates. - link

??? Pickup and delivery sales grow in June as inflation soars - link

?? Semt pazar? uygulamas? Pazardan 3,1 milyon TL tohum yat?r?m ald? - link

?? Report: E-commerce sales to exceed $1 trillion this year - link

?? TikTok abandons ecommerce expansion in Europe and US. - link

?? Amazon bringing new and improved Dash Carts to Whole Foods - link

?? The Four Pillars of E-commerce Profitability - link

??? How e-commerce companies can brave the new retail environment - link

??? UK based electrical retailer, ?AO World pressure heralds a different kind of retail crisis - link

???Amazon launches London hub for e-bike and walking deliveries - link

??? Amazon pins hopes on influencers to crack livestream shopping market – link

??? Amazon’s new analytics tool gives brands a front-row seat to in-store shopping - link

??? Amazon Fresh launches Tesco Clubcard price-matching scheme - link

??? Amazon is buying primary care tech provider One Medical for $3.9B - link

??? McKinsey E-commerce: At the center of profitable growth in consumer goods - link

?? Hepsiburada, mü?terilerine ?zel Hepsiburada Premium ?zelli?ini resmen duyurdu - link

?? Hepsiburada, Influencer Masterclass ile sosyal ticarette d?nü?ümü art?racak - link

??? Yasala?an e-ticarete y?nelik kanun teklifi neler getirdi? - link

?? Localizing and scaling e-commerce through public web data - link

Offline -> Online

??? Walmart to buy electric vehicle fleet for last-mile deliveries - link Walmart doesn’t want Canoo selling EVs to Amazon - link

??? Walmart GoLocal pushes deeper into food delivery with Local Express - link

?? Walmart merges in-home grocery delivery service with Walmart+ link

?? Walmart’s new retail media strategy could be the kick grocery needs - link

??? Egyptian B2B e-commerce platform Cartona raises $12M to scale and explore new verticals - link

Online -> Offline

??? Amazon leans on non-retail business as e-commerce sales fall for the second straight quarter - link

??? As consumers return to stores, why would Amazon shut the door? - link

?? DoorDash, Schnucks Markets expands partnership to target rapid delivery - link

??? ?? Amazon: Amazon is launching a fleet of e-cargo bikes to replace thousands of van deliveries in London – link / Amazon, Londra'da elektrikli kargo bisikleti filosu kurdu - link

??? Amazon agrees to drop Prime cancellation ‘dark patterns’ in Europe - link

FoodTech / Food Companies??

?? Foodtech Q2 2022 VC update report – link

?? Ak?ll? tar?m teknolojilerine odaklanan yerli giri?im Vahaa, 3.5 milyon dolar de?erlemeyle yat?r?m ald? - link

?? M&S has launched new widely-recyclable packaging for its British Collection vine tomatoes. - link

?? Kroger invests in Kitchen United. Kitchen United has raised $100 million in Series C funding with the help of several new investors, including Kroger, Circle K, Simon Property Group and Restaurant Brands International. - link

?? The first ever airport ghost kitchen / virtual food hall with REEF at Raleigh Durham International Airport - link

?? 2021 y?l?nda bitki bazl? g?da sekt?rüne yap?lan yat?r?mlar?n miktar? 5 milyar dolara yükseldi link -Boston Consulting Group'un (BCG) tüketicilerin hayvansal olmayan alternatif proteinleri benimsemeye haz?r oldu?unu ortaya koyan bir rapor yay?nlad?. / Consumers are embracing alternative proteins and that protein transformation is one of the best tools available to combat the climate crisis– BCG report

?? JJ Foodservice launches live chat customer service on website and app - link

?? ?? India’s FreshToHome raises $121 million to grow its meat and vegetable e-commerce platform - link

?? These pandemic snacking and drinking habits are here to stay, candy and booze companies say - link

?? France is planning to ban the use of ‘meaty’ terms like ‘sausage’ and steak’ for plant-based foods from October, making it the first EU country to impose such restrictions. Similarly, in Turkey, plant-based cheese producers are facing a ban on sales and production following a new law by the Turkish Ministry of Agriculture and Forestry. - link

Sustainability:

? Ye?il finans alan?nda dikkat ?eken giri?imler - link

Metaverse / Blockchain:

?? CB-Insights State of Q2-2022 – link

?? BCG Report on Crypto Exchanges report - link

?? Otoko? Otomotiv ?lk Merkeziyetsiz Metaverse Yat?r?m?n? Ger?ekle?tirdi - link

?? Blockchain oyunlar?nda 2022 yat?r?mlar?, 2021 toplam?n? ?imdiden yüzde 33 oran?nda geride b?rakt? - link

?? Küresel Bitcoin sahipli?inin 2030 y?l?nda yüzde 10'u ge?ece?i tahmin ediliyor - link

?? OpenSea’s $13B valuation doesn’t make sense as NFT trading volumes plunge - link

??? NFT ticareti, 2025 y?l?na kadar tüm kripto ticaretinin yüzde 10'unu olu?turabilir - link

?? Coinbase ile BtcTurk aras?ndaki sat?n alma anla?mas? rafa kalkt? - link

Logistics / Fulfilment:

?? ?Yerli lojistik giri?imi Yolda, Almanya operasyonlar?n? ba?latt? - link

?? Lojistik sekt?ründe 2022 i?in ?ne ??kan teknolojiler - link

??? Amazon is starting to deliver packages with Rivian electric vans - link

?? FedEx to consolidate stations, delivery routes in $2B operational overhaul - link

?? Yerli dijital lojistik platformu Kamion, Y Combinator’dan 8.5 milyon TL yat?r?m ald? - link

?? Hedef Giri?im, lojistik y?netim platformu T?rport’a 17.5 milyon TL yat?r?m yapt? - link

?? Worth Reading

?? Saudi Arabia unveils The Line, a carbon-neutral ‘city of the future - link

?? PE firm CapVest enters confectionery market with acquisition of Natra - link

?? TOGG lisans?n? ald?, kendi ?arj a??n? kuracak - link

?? Netflix partners with Microsoft on ad-supported subscription plan - link

?? ?? How many unicorns are just ponies now? - link

? News from Y?ld?z Ventures Companies

?? ?? Online süpermarket giri?imi istegelsin ile online al??veri? platformu Pazarama, yeni i? birli?ini duyurdu - link

? 500 Istanbul’un yat?r?mc?lar? aras?nda olan yerli fintech Arf, Avrupa’n?n en iyi Web3 giri?imleri aras?nda g?sterildi - link