Repartidor en bicicleta de Glovo a València

Glovo is a Spanish quick-commerce

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founded in

Barcelona Barcelona ( , , ) is a city on the coast of northeastern Spain. It is the capital and largest city of the autonomous community of Catalonia, as well as the second most populous municipality of Spain. With a population of 1.6 million within c ...

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, in 2015 by Oscar Pierre and Sacha Michaud. It is an on-demand courier service that purchases, picks up, and delivers products ordered through its

mobile app A mobile application or app is a computer program or software application designed to run on a mobile device such as a phone, tablet, or watch. Mobile applications often stand in contrast to desktop applications which are designed to run on d ...

. It offers multiple services with food delivery being the most popular. In July 2022, Delivery Hero completed the acquisition of a majority stake in Glovo.

History

Founded by Oscar Pierre (CEO) and co-founder Sacha Michaud, Glovo's first meetings were in a

McDonald's McDonald's Corporation is an American multinational fast food chain, founded in 1940 as a restaurant operated by Richard and Maurice McDonald, in San Bernardino, California, United States. They rechristened their business as a hambur ...

. It eventually expanded into other countries, but, in January 2020, Glovo ended its operations in

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and

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. In October 2020, in an effort to achieve profitability, Glovo's remaining Latin American operations were purchased by Delivery Hero (DH), a German company, in a deal worth US$272 million, leaving Glovo with just its Southern and Eastern Europe operations. In September 2022, Glovo was fined $78 million for labor breaches in Spain. In December 2021, DH signed a deal to become Glovo's majority shareholder, acquiring an additional 39.4% stake of the Spanish delivery company. The acquisition was completed in July 2022 and since then it has owned a majority stake in Glovo (94%).

Locations

As of January 2019, Glovo is operational in 25 countries: *

Italy Italy ( it, Italia ), officially the Italian Republic, ) or the Republic of Italy, is a country in Southern Europe. It is located in the middle of the Mediterranean Sea, and its territory largely coincides with the homonymous geographical ...

Ukraine Ukraine ( uk, Україна, Ukraïna, ) is a country in Eastern Europe. It is the second-largest European country after Russia, which it borders to the east and northeast. Ukraine covers approximately . Prior to the ongoing Russian inva ...

Romania Romania ( ; ro, România ) is a country located at the crossroads of Central Europe, Central, Eastern Europe, Eastern, and Southeast Europe, Southeastern Europe. It borders Bulgaria to the south, Ukraine to the north, Hungary to the west, S ...

Georgia Georgia most commonly refers to: * Georgia (country), a country in the Caucasus region of Eurasia * Georgia (U.S. state), a state in the Southeast United States Georgia may also refer to: Places Historical states and entities * Related to the ...

Portugal Portugal, officially the Portuguese Republic ( pt, República Portuguesa, links=yes ), is a country whose mainland is located on the Iberian Peninsula of Southwestern Europe, and whose territory also includes the Atlantic archipelagos of th ...

Poland Poland, officially the Republic of Poland, is a country in Central Europe. It is divided into 16 administrative provinces called voivodeships, covering an area of . Poland has a population of over 38 million and is the fifth-most populou ...

Morocco Morocco (),, ) officially the Kingdom of Morocco, is the westernmost country in the Maghreb region of North Africa. It overlooks the Mediterranean Sea to the north and the Atlantic Ocean to the west, and has land borders with Algeria to A ...

Kazakhstan Kazakhstan, officially the Republic of Kazakhstan, is a transcontinental country located mainly in Central Asia and partly in Eastern Europe. It borders Russia to the north and west, China to the east, Kyrgyzstan to the southeast, Uzbeki ...

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Serbia Serbia (, ; Serbian: , , ), officially the Republic of Serbia ( Serbian: , , ), is a landlocked country in Southeastern and Central Europe, situated at the crossroads of the Pannonian Basin and the Balkans. It shares land borders with Hu ...

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Ghana Ghana (; tw, Gaana, ee, Gana), officially the Republic of Ghana, is a country in West Africa. It abuts the Gulf of Guinea and the Atlantic Ocean to the south, sharing borders with Ivory Coast in the west, Burkina Faso in the north, and Tog ...

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Slovenia Slovenia ( ; sl, Slovenija ), officially the Republic of Slovenia (Slovene: , abbr.: ''RS''), is a country in Central Europe. It is bordered by Italy to the west, Austria to the north, Hungary to the northeast, Croatia to the southeast, and ...

Nigeria Nigeria ( ), , ig, Naìjíríyà, yo, Nàìjíríà, pcm, Naijá , ff, Naajeeriya, kcg, Naijeriya officially the Federal Republic of Nigeria, is a country in West Africa. It is situated between the Sahel to the north and the Gulf o ...

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Services

Food delivery service is the company's most popular service. Other services available include pharmacy, courier and quiero (anything). The food business allows users to find and place orders with their favourite restaurants which is picked up when ready and delivered to the user's doorstep. While this model continues to be its flagship service, the company is reported experimenting with CloudKitchens and Grocery Darkstores.

References

External links

* {{Online food ordering 2022 mergers and acquisitions Spanish brands Retail companies established in 2015 Transport companies established in 2015 Internet properties established in 2015 Online food ordering Multinational companies headquartered in Spain 2015 establishments in Catalonia