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Glovo

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In the first week of March, couriers in Ukraine completed 10,000 deliveries through the Glovo platform. The company did not book any financial gains from the services in Ukraine and all profits went to partners, NGOs, and pharmacies. Glovo also created "support bubbles" in the app for Ukraine's armed
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Following a pitch to potential investors at the Catalan Conector Startup Accelerator program in 2015, Pierre met Sacha Michaud, a seasoned tech entrepreneur. In their first round of fundraising, Glovo successfully raised €140,000 mostly from small private investors, which helped them to get off the
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Glovo specializes in last-mile logistics, primarily connecting users with businesses, and couriers, offering on-demand services from local restaurants, grocers and supermarkets, and high street retail stores via its mobile app. One of their unique selling propositions includes an ‘Anything’ button
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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 $
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The matter of employment in the gig economy has caused much debate and it is an issue where national and EU action is gathering pace. To combat legal issues with workers rights and employment status, the company launched The Courier's Pledge in October 2021. The initiative was developed in
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The project supports local communities, climate action initiatives, the digitalisation of small local businesses, close the gender gap in tech, and provide upskilling programmes for couriers. This includes funds that have been allocated to these projects since mid-2021.
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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%).
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In March 2023, Glovo announced The Impact Fund whereby a small portion of every order made through the app goes towards impact & sustainability projects. The Impact Fund is expected to generate €5M by the end of 2023.
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Pierre and his partner at the time, Marta Ripoll, registered the company GLOVOAPP23 SL in September of that same year. Soon after, Ripoll left Spain to study. The company held its first meetings in a McDonald's.
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Since the start of the war, the company has used Glovo Access to serve more than 114,000 social meals, save 54,000 kg of food, and allow the donation of 1,300 charitable meals from Glovo Cook Rooms.
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is a Spain-based, delivery app founded in 2014 by Oscar Pierre, and launched in 2015 by himself and Sacha Michaud following an initial round of funding. Since mid-2022, Glovo has been a part of the
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preservation projects in Peru, and the Jari Pará Forest Conservation Project in Brazil. This offset Glovo's carbon footprint by 25pc by the end of 2020, equivalent to more than 34,000 tonnes of CO
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partnership with the non-profit organization Fairwork Project and as a program, upgrades the benefits and conditions for all couriers delivering through the Glovo app.
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By 2019, Glovo, after closing two rounds worth €150 million each, achieved a valuation that exceeded $ 1 billion and therefore joined
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in a variety of Spanish and Italian cities and led a Series B €25 million round with Japanese e-commerce giant Rakuten and other investors.
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As of May 2023, Glovo employed 4,200 staff worldwide. More than 80,000 self-employed riders delivered through the platform.
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to expand its compensation initiatives to cover 100pc of its emissions. These initiatives include forest preservation,
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Glovo also allows customers to leave feedback on the quality of services provided by the partner and courier.
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where users can request couriers bring anything to their front door, so long as it fits in their bag.
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forces while also donating to the Red Cross, providing humanitarian assistance across Ukraine.
1121: 999: 887:"Spain's Glovo launches new Impact Fund to solve socio-environmental issues | Silicon Canals" 765:"Spain's Glovo launches new Impact Fund to solve socio-environmental issues | Silicon Canals" 1215: 990: 304: 8: 375: 105: 1491: 1350: 1136: 715:"'It's Definitely Not One-Size-Fits-All': Glovo's Couriers Pledge And Looming EU Laws" 1410: 430: 289: 274: 240:, he decided to set up his own startup that followed the American company's model. 1163: 1101: 573:"Why Delivery Hero is acquiring a majority stake in Spanish delivery company Glovo" 312: 1262: 959: 1355: 1325: 1220: 1111: 1007: 839:"Food-delivery app Glovo is taking orders across 23 war-torn cities in Ukraine" 46: 42: 1012: 412:"How Glovo co-founder Oscar Pierre helped build a startup worth $ 2.6 billion" 1575: 1297: 1282: 1156: 1037: 1032: 263: 216: 175: 1305: 1027: 233: 1560: 1522: 1476: 1471: 1330: 1315: 1188: 1062: 664:"Glovo claims to be first carbon-neutral player in the delivery industry" 1507: 1486: 1438: 1380: 1272: 1257: 1227: 1210: 739: 512:
Marketing 4 Ecommerce – Tu revista de marketing online para e-commerce
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Finally, the company partnered with carbon finance consultancy group
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Initially, the company only operated in the Spanish cities of
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As of August 2024, Glovo is operational in 23 countries:
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In 2017, Glovo signed an exclusive delivery deal with
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Thykjaer, Christina; Faus, Joan (21 September 2022).
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Delivery
Barcelona
Delivery Hero
glovoapp.com

Delivery Hero
Georgia Tech
Postmates
Madrid
Valencia
McDonald's
Cabify
Unicorn
carbon neutral
Madre de Dios forest
South Pole
sustainable agriculture
renewable energy
Ukraine
24 February 2022
"How Glovo co-founder Oscar Pierre helped build a startup worth $ 2.6 billion"
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