Berlin-based quick-commerce startup Dropp has ceased operations after failing to secure new investors, leading to its insolvency. Approximately 60 employees lost their jobs following the company's closure in early 2023. Dropp, which provided a sustainable, white-label delivery service for e-commerce retailers, had been operating for about a year and a half. The difficult market environment for delivery services made investors cautious, and a planned funding round in late 2022 fell through, ultimately forcing the founders to file for insolvency. While the software assets were acquired by luxury delivery startup Arive, the business itself could not be saved, resulting in the layoff of its entire workforce.
