Glovo

Glovo

On-demand delivery platform for various items

About Glovo

Simplify's Rating
Why Glovo is rated
C+
Rated C on Competitive Edge
Rated B on Growth Potential
Rated C on Rating Differentiation

Industries

AI & Machine Learning

Consumer Goods

Company Size

10,001+

Company Stage

Acquired

Total Funding

$1.9B

Headquarters

Barcelona, Spain

Founded

2015

Overview

Glovo connects users with couriers for fast delivery of items, operating in 24 countries with 4.3 million active customers and 65,000 couriers. Users can order groceries, meals, and more through the Glovo app, which facilitates quick deliveries. The company also provides "Cookroom" spaces for restaurants to expand their reach without needing additional locations, helping them operate more efficiently. Glovo generates revenue through delivery fees and partnerships, using machine learning to optimize operations, predict order volumes, and manage couriers. Additionally, Glovo has "Urban Darkstores" in city centers for 24/7 access to groceries and essentials, aiming to be the "everything app" for urban areas. Their annual Hackathon encourages employees to develop new solutions, fostering a culture of continuous improvement and technological advancement.

Simplify Jobs

Simplify's Take

What believers are saying

  • Expansion of quick commerce services enhances rapid delivery capabilities.
  • Partnerships in Africa expand service offerings and market reach.
  • New social media features increase user engagement and retention.

What critics are saying

  • Intensified competition in Morocco may lead to fines or restrictions.
  • Financial instability of parent company Delivery Hero could impact Glovo's operations.
  • Transition from 'self-employment' model in Spain may increase operational costs.

What makes Glovo unique

  • Glovo offers 'Cookroom' spaces for restaurants to expand without physical locations.
  • Machine learning optimizes Glovo's operations, enhancing delivery efficiency and reliability.
  • Urban Darkstores provide 24/7 access to groceries, supporting Glovo's 'everything app' vision.

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Funding

Total Funding

$1850.3M

Above

Industry Average

Funded Over

9 Rounds

Acquisition funding comparison data is currently unavailable. We're working to provide this information soon!
Acquisition Funding Comparison
Coming Soon

Benefits

Health Insurance

Company Equity

Employee Discounts

Gym Membership

Flexible Work Hours

Unlimited Paid Time Off

Parental Leave

Mental Health Support

Growth & Insights and Company News

Headcount

6 month growth

0%

1 year growth

0%

2 year growth

-1%
ESM Magazine
Mar 20th, 2025
Glovo Appoints Connie Kwok As Vice President Of Quick Commerce

Spanish delivery app Glovo has appointed Connie Kwok as vice president of quick commerce.

Launch Base Africa
Jan 17th, 2025
Local Scores to Settle: Glovo Faces Rising Heat from Rival in Morocco

The Competition Council of Morocco has intensified its investigation into the operations of Glovo, the Spanish food delivery giant, amidst allegations of anti-competitive practices.

Expansión
Dec 10th, 2024
Delivery Hero's Losses from Glovo Acquisition

Delivery Hero has faced significant financial losses following its acquisition of Glovo due to legal issues and market changes. The German company has had to register provisions and contingencies amounting to billions of euros. When the acquisition was announced on New Year's Eve 2021, Delivery Hero's stock was valued at €98 per share.

Start-Up
Dec 3rd, 2024
România, Locul Al Doilea La Nivel Mondial La Comenzile De La Supermarket

La finalul acestui an, Glovo, platforma multi-categorie care oferă acces la o varietate mare de produse, prezintă o analiză a preferințelor consumatorilor români din 2024. Una dintre principalele tendințe observate este diversificarea categoriilor de produse comandate prin intermediul platformei. În 2024, românii au preferat să își facă mai des cumpărăturile casnice online, comenzile de la supermarket crescând cu 40% față de anul trecut, ceea ce plasează România pe locul al doilea la nivel mondial, din cele 23 de țări în care operează Glovo, după Spania. Orașele fruntașe în ceea ce privește comenzile de la supermarket sunt București, Cluj-Napoca și Constanța. În același timp, utilizatorii din Deva se remarcă prin cea mai mare frecvență a cumpărăturilor din supermarketuri. Printre cele mai populare produse care se regăsesc în coșurile virtuale de la supermarket se numără apa, pâinea și produsele lactate

The Olive Press
Dec 2nd, 2024
Spain's top food delivery app Glovo abandons its 'self-employment' model for drivers after being accused of abusing workers' rights

Spain's top food delivery app Glovo abandons its 'self-employment' model for drivers after being accused of abusing workers' rights.

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Glovo is Hiring for 181 Jobs on Simplify!

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Glovo is Hiring for 181 Jobs on Simplify!

Find jobs on Simplify and start your career today

💡
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