Glovo
Glovo is a Spanish quick-commerce start-up founded in Barcelona in 2015. It is an on-demand courier service that purchases, picks up, and delivers products ordered through its mobile app. It offers multiple services with food delivery being the most popular. The company was founded by Oscar Pierre and Sacha Michaud. History. The company was founded by Oscar Pierre, who is the CEO and co-founder Sacha Michaud. Glovo's first meetings were in a McDonald's. The company eventually expanded into other countries. In January 2020, Glovo ended its operations in Turkey, Egypt, Puerto Rico and  Uruguay. In October 2020, in an effort to achieve profitability, Glovo's remaining Latin American operations were purchased by Delivery Hero, a German company, in a deal worth US$272 million, leaving Glovo with just its Southern and Eastern Europe operations. In December 2021, Delivery Hero, signed a deal to become Glovo's majority shareholder, acquiring an additional 39.4% stake of the Spanish delivery company. Locations. As of January 2019, Glovo is operational in more than 23 countries. Services. Food delivery service is the company's most popular service. Other services available include pharmacy, courier and quiero (anything). The food  business allows users to find and place orders with their favourite restaurants which is picked up when ready and delivered to the user's doorstep. While this model continues to be its flagship service, the company is reported experimenting with CloudKitchens and Grocery Darkstores.