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About Glovo
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 that sets Glovo apart in the on-demand delivery market.
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
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
6 month growth
↑ 0%1 year growth
↑ 0%2 year growth
↓ -1%Spanish delivery app Glovo has appointed Connie Kwok as vice president of quick commerce.
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.
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.
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
Spain's top food delivery app Glovo abandons its 'self-employment' model for drivers after being accused of abusing workers' rights.
Glovo is Hiring for 160 Jobs on Simplify!
Find jobs on Simplify and start your career today
Operations & Logistics
34 Open Roles
Sales & Account Management
21 Open Roles
Business & Strategy
18 Open Roles
Accounting
14 Open Roles
Finance & Banking
10 Open Roles
Growth & Marketing
9 Open Roles
Product
3 Open Roles
Retail
1 Open Roles
Consulting
1 Open Roles
UI/UX & Design
1 Open Roles
About Glovo
Industries
AI & Machine Learning
Consumer Goods
Company Size
10,001+
Company Stage
Acquired
Total Funding
$1.9B
Headquarters
Barcelona, Spain
Founded
2015
Glovo is Hiring for 160 Jobs on Simplify!
Find jobs on Simplify and start your career today
Operations & Logistics
34 Open Roles
Sales & Account Management
21 Open Roles
Business & Strategy
18 Open Roles
Accounting
14 Open Roles
Finance & Banking
10 Open Roles
Growth & Marketing
9 Open Roles
Product
3 Open Roles
Retail
1 Open Roles
Consulting
1 Open Roles
UI/UX & Design
1 Open Roles