Ukrainian medicine delivery service Liki24 has expanded its offering to Germany, investing $100,000 in the launch. The country became the fourth foreign market where the Ukrainian company entered. According to Forbes Ukraine, the company is now valued at up to $50 million.
Liki24 has announced the launch in the German market after testing its services there for three months and achieving operational profitability. To enter the new market, the company invested $100,000.
Liki24 is a healthtech company that develops a platform that aggregates medicines from thousands of pharmacies, offering fast delivery and accessibillity. It was founded in 2017. Now, the company is valued at up to $50 million.
In 2021, the startup launched in Romania and Poland (the latter office has been shut down), in 2022 – in Italy. The platform reached 200,000 users in Romania in 2023. According the co-founder Anton Avrynskyi, the turnover on these markets increased by 100% in 2023.