Trending

Glovo’s 2018 rollercoaster ride

  • Spain
  • 6 min read
  • Jan 07, 2019
  • By Emanuela Ferraro

Shutterstock image

The year saw the delivery giant dealing with labor unions, diversification and international expansion

2018 was an intense year of rapid growth and market expansion for Barcelona-based food delivery company Glovo.
The company went from having an initial presence in three countries to 20 in the last 12 months, and now looks set to enter 10 more countries. Whereas Glovo’s services were limited to 14 cities in Spain, Italy, and France in 2017, today the startup has operations in over 80 cities, from Panama to Kiev and from Nairobi to Quito.
In July 2018, the company raised €115 million in a Series C funding round intended to boost product and market expansion. To align with investors’ expect...

The rest of the content is only available if you are logged in.

Edited by Celine Lim, Gareth Gardiner Jones

We pride ourselves on the accuracy of our information and reporting. Please help us by letting us know of any incomplete or inaccurate information on our website.