Last mile courier app Quiqup raises extra 5m on plans for Middle East expansion
Source: Telegraph
Deliveroo challenger Quiqup has raised £5m ($6.3 million) in extra funding to expand its presence in the Middle East.
London-headquartered Quiqup, which was founded in 2014, has secured partnerships to launch one-hour delivery services in the UK with supermarkets such as Tesco.
The new funding brings Quiqup’s total raised to more than £25m, having secured funding from Jobi Capital in 2017.
The startup uses a network of around 2,000 gig economy riders to make deliveries, and opened its first overseas venture in Dubai earlier this year.