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Glovo

Glovo is a Spanish on-demand delivery company founded in 2015 by Oscar Pierre, Sacha Michaud, Gerard Olivé, and Miguel Vicente. The company is headquartered in Barcelona, Spain, and operates in over 40 countries and 200 cities.

Glovo’s Grand Gamble: Reinventing Quick Commerce

Glovo's Grand Gamble: Reinventing Quick Commerce

The quick commerce landscape has seen its fair share of ups and downs. While apps like Getir and Gorillas have faced valuation dips and operational challenges, one name stands out: Glovo. This Spanish-based last-mile delivery startup seems to have cracked the code, charting a path to potential profitability in a […]

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Home food delivery company Glovo was hit with another 38 million euros of fines in Spain.

Home food delivery company Glovo was hit with another 38 million euros of fines in Spain.

The latest fines were for having 7,022 workers not registered with Social Security and also using 813 irregular workers – foreigners without work permits. Glovo, a home food delivery company, has been fined 38.1 million euros by the Labour and Social Security Inspectorate in Spain for misusing delivery riders registered […]

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Barcelona bans grocery delivery companies and dark stores.

Barcelona bans grocery delivery companies and dark stores.

Barcelona has approved a ban on “dark stores,” distribution centers used by grocery delivery companies, to preserve traditional neighborhood stores and residents’ quality of life. The ban will affect the local delivery app Glovo, which has eight dark stores in the city, and 21 dark stores. Glovo has not yet […]

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Delivery Hero expects its food delivery business to break even during H2 2022 and shares insights on Glovo’s business performance.

Delivery Hero expects its food delivery business to break even during H2 2022 and shares insights on Glovo’s business performance

“Delivery Hero has always been investing into growth with the clear ambition of reaching the scale needed to achieve profitability. We have remained confident that through achieving the right size, we are able to bring tremendous benefits to all partners in our ecosystem, as well as to our shareholders. The […]

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