About Business
About Glovo Ghana
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 offering. The company was founded by Oscar Pierre and Sacha Michaud.
Its pronunciation in modern Spanish is similar to that of “globo”. The Spanish word “globo” means “balloon”
History
The company was founded by Oscar Pierre Miquel, who is currently the CEO, and Sacha Michaud who is the co-founder.
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.
Services
Food delivery service remains the company’s most popular service. Other services available on the app include Groceries, Pharmacy, Desserts, Courier, and Quiero (anything).
The food business allows users to find and place orders with their favorite restaurants which are 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 Dark stores.
Current locations
As of February 2021, Glovo is operational in more than 23 countries globally.[7]
Africa
Côte d’Ivoire
Ghana[8]
Kenya
Morocco
Nigeria[9]
Uganda
Asia
Georgia
Kazakhstan (four cities: Almaty, Atyrau, Nur-Sultan, Shymkent)
Kyrgyzstan
Central America
Costa Rica
Europe
Armenia
Bosnia and Herzegovina
Croatia
Italy
Moldova
Montenegro
Poland
Portugal
Romania
SerbiaSpain
Slovenia (Glovo acquired slovenian start-up eHrana in May 2021)[10]
Ukraine
Bulgaria (from early April 2021)
South America
Peru
Former locations
Brazil (Discontinued in February 2019)
Chile (Discontinued in April 2019)
Egypt (Discontinued in January 2020)
Puerto Rico (Discontinued in January 2020)
Turkey (Discontinued in January 2020)
Uruguay (Discontinued in January 2020)
Argentina (Discontinued in October 2020)
Dominican Republic (Discontinued in October 2020)
Panama (Discontinued in October 2020 replaced by PedidosYa)
France
Guatemala (Discontinued in April 2021)
Honduras (Discontinued in April 2021 replaced by PedidosYa)
Ecuador (Discontinued in April 2021 replaced by PedidosYa)
| Founded | 2015 |
|---|---|
| Founders | Oscar Pierre Sacha Michaud Gerard Olivé Miguel Vicente |
| Headquarters |
Barcelona
, Spain
|
|
Areas served
|
Select cities in select countries |
| Owner | Delivery Hero |
|
Number of employees
|
+10,000 |
