Glovo’s 2018 rollercoaster ride

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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’ expectations,...
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Edited by Celine Lim, Gareth Gardiner Jones

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