New Stash boss forges expansion plans for Switzerland and abroad
Zurich-based quick commerce company Stash, which delivers groceries in less than ten minutes, is getting a new boss in Benno Burkhardt.
Burkhardt, 49, was previously CEO of Comparis and Chief IT Officer of Scout 24 Switzerland, among other positions. As the Handelszeitung writes in its current issue, Burkhard has big plans for the online lightning delivery service: "In Zurich, we will open eight new delivery depots in the next eight weeks, the first of which will be in the Seefeld district. This will enable us to serve Zurich across the board. In the next twelve weeks, we will also launch in two other major cities in Switzerland." There are also plans to launch in three major European cities in late fall 2021.
Competition from gorillas?
In a current round of seed funding, Stash is raising funds in the range of five million Swiss francs, according to a statement in the Handelszeitung. There is no fear of the pan-European quick commerce company Gorillas, which is currently looking for staff in Switzerland. According to industry insiders, Gorillas could be interested in being helped in its Swiss expansion by an existing quick commerce company. Burkhardt waves it off: "Currently, a cooperation with Gorillas in Switzerland is not planned."
