Delivery Hero's food delivery app Glovo says it will move to an employment-based model for its drivers in Spain, and anticipates a €100M earnings hit in 2025
The company, which owes €267M in unpaid social security contributions, says it will hire delivery drivers directly. apnews.com/article/spai... X: Mario Nawfal / @marionawfal : 🇪🇸SPANIARDS BRACE FOR “G...
The EU opens an in-depth investigation into Delivery Hero and its Spanish subsidiary Glovo to determine if they may have illegally colluded with each other
Samuel Stolton / Bloomberg :
Delivery Hero will acquire a ~39.4% majority stake in Spanish delivery app Glovo, valuing Glovo at €2.3B
Sabahatjahan Contractor / Reuters :
Spanish startup Glovo, which delivers restaurant take-out, groceries, and other items, raises €450M Series F led by Lugard Road Capital and Luxor Capital Group
On the heels of Deliveroo raising more than $2 billion ahead of its debut on the London Stock Exchange this week …
Spanish delivery app Glovo raises $121M from Swiss real estate firm Stoneweg to build out delivery-only convenience stores for sub-30 minute delivery times
Macarena Munoz Montijano / Bloomberg :
Berlin-based Delivery Hero says it will buy Glovo's Latin American operations across eight countries for ~$272M, in its latest food delivery consolidation move
In Argentina, delivery apps Glovo and Rappi, which allow users to send and receive all kinds of packages, have been found to deliver drugs in ~10 cases so far
including illegal drugs — and poorly enforced laws leave them responsible https://onezero.medium.com/... Sarah Kessler / @sarahfkessler : Drug dealers in Argentina are using delivery apps - when gig w...
In Argentina, delivery apps Glovo and Rappi, which allow users to send and receive all kinds of packages, have been found to deliver drugs in ~10 cases so far
There, they can be hired to transport anything — including illegal drugs — and poorly enforced laws leave them responsible
Spanish startup Glovo, an on-demand delivery service for food, groceries, pharmaceuticals, and more, raises €150M Series E led by Abu Dhabi's Mubadala
Natasha Lomas / TechCrunch :
Barcelona-based on-demand delivery startup Glovo buys Poland's largest food delivery platform Pizza Portal for €30M
Mary Loritz / EU-Startups :