The Ukrainian medication delivery service, Liki24, has entered the German market, investing $100,000, according to the company's founder, Anton Avrinsky.
"Liki24 has already completed a three-month testing period in Germany and has become operationally profitable," says Avrinsky.
According to him, the service is already used by "thousands of people" in the country.
The Ukrainian startup was valued at $50 million as of mid-2023, considering other businesses within the group: the Lab24 analysis delivery service and Nasnaga, a "healthcare concern" startup, as reported by Forbes.
According to Avrinsky, despite high competition in Germany, Liki24 has an advantage in being able to connect with a large number of partners and collect goods from various pharmacies. In addition to Germany, Liki24 also operates in Italy and Romania.
Liki24.com is a platform for searching, comparing prices, ordering, and delivering medicines from pharmacies. Around-the-clock express delivery in Kyiv was launched as early as August 2021. It is available abroad not only in Germany but also in Italy, where it has been operating since 2022, and in Romania, where it was opened in 2021. The service was also launched in Poland at that time, but later Liki24 exited the Polish market.