Glovo

The company allows businesses to register in simple steps to increase sales and reach more customers.

Glovo is a Spanish tech company and the fastest-growing delivery player in Europe, Western Asia, and Africa.

Glovo delivers food and other items to customers’ doorsteps.

Glovo announces layoffs affecting 750 employees in Spain as part of restructuring efforts. The company operates a delivery network across multiple European cities. No further details on financial performance or operational changes are provided.

Mar 2026MarketScreenerNews article

An Italian court orders Glovo’s local food delivery operations to formalize employment contracts for its delivery workers. The ruling follows allegations of labor rights violations, including improper worker classification. Glovo operates in multiple European markets as a rapid-growth gig-economy platform.

Feb 2026Global Banking & Finance ReviewNews article

The European Commission fines Delivery Hero and Glovo for participating in anti-competitive practices within the EU food delivery market. The penalties target alleged collusion that restricted competition among major players in the sector. Authorities investigate whether the firms coordinated pricing or market strategies to limit consumer choice.

Jun 2025PYMNTSNews article

Delivery Hero has completed all closing actions to acquire Glovo, becoming its majority shareholder with approximately 94% of shares on a non-diluted basis. The transaction secures Delivery Hero’s control over the leading multi-category delivery platform. The share capital increase and trading admission remain pending.

Jul 2022Delivery HeroNews article