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.
About Liki24
- 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.
Launch details
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.
The test period was successfully completed, and the service is already used by thousands of people throughout the country. So, from now on, Liki24.com in addition to Ukraine, is available in three EU countries: Italy, Romania, and Germany!
Anton Avrynskyi, the CEO & co-founder of Liki24.com, commented on his LinkedIn