Czech online grocer Rohlik Group, valued at $1B in 2021, expands in Germany as rivals exit and plans to break even within 12 months.

Czech online grocer Rohlik Group, valued at over $1 billion in 2021, is expanding in Germany as rival companies exit. Founder and CEO Tomas Cupr told Reuters that the company is on track to break even within the next 12 months. Operating under the Knupsr.de brand, Rohlik aims to add 15 German cities in the coming years after another fundraising round, potentially leading up to an IPO.

May 24, 2024
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