JOKR Raises $50 Million to Focus on Brazil

JOKR is a grocery delivery company.

This is quite a fall for the formerly high-flying JOKR which has raised almost $500 million in its history, and at one point was losing $10 million a month.  The company left the US market last year.

TechCrunch: Grocery deliverer JOKR doubles down on Brazil as it secures $50M on $1.3B valuation

Rick Watson

Rick Watson founded RMW Commerce Consulting after spending 20+ years as a technology entrepreneur and operator exclusively in the eCommerce industry with companies like ChannelAdvisor, BarnesandNoble.com, Merchantry, and Pitney Bowes.

Watson’s work today is centered on supporting investors and management teams incubating and growing direct-to-consumer businesses. Most recently, in partnership with WHP Global, Rick was a critical resource in architecting the WHP+ platform, a new turnkey direct to consumer digital e-commerce platform that powers AnneKlein.com and JosephAbboud.com.

Watson also hosts a weekly podcast, Watson Weekly, where he shares an unbiased, unfiltered expert take on the retail sector’s biggest players.

In the past year alone, Rick has spoken at many in-person and virtual events as well as podcasts on topics ranging from retail/ecom to supply chain/logistics and even digital grocery including CommerceNext IRL, ASCM Connect, and Retail Innovation Conference.

https://www.rmwcommerce.com/
Previous
Previous

Warp Raises $5.7 Million in Additional Seed Funding

Next
Next

B.I.G. Logistics Secures Growth and Acquisition Financing from Serengeti Asset Management