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 :
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 :