We have also confirmed that Barcelona-based Glovo, which — since the end of 2021 has been majority owned by Delivery Hero — was also approached by the Commission. “As part of its ...

Delivery Hero SE and its Spanish subsidiary Glovo run the risk of hefty European Union fines, after antitrust regulators opened a full scale investigation to determine whether the companies may ...

With just about an hour left in 2021, Delivery Hero announced on New Year’s Eve that it was acquiring a majority stake in Spanish online delivery player Glovo.

Glovo owner Delivery Hero expects growth at upper end of forecast, posts solid Q3. By Paolo Laudani and Bernadette Hogg. November 7, 2024 9:01 AM UTC Updated November 7, 2024 The ...

Beginning in July 2018, Delivery Hero acquired a minority share in Glovo, which it gradually increased through further investments. Four years later, in 2022, it gained sole control over Glovo.

The European Commission announced a formal investigation into Berlin-based food delivery giant Delivery Hero and its Spanish subsidiary, Glovo, on Tuesday, citing cartel concerns. The Commission ...

Spain's Glovo, part of Germany's Delivery Hero, said on Monday it planned to lay off 250 workers globally, citing a drop in orders and inefficiencies after the COVID-19 pandemic drove a hiring surge.

On Monday, dozens of Glovo delivery riders took to the streets of Casablanca to protest deteriorating working conditions and to denounce the depiction of Morocco’s Sahara region on the company’s app.

Delivery Hero has been one of the worst-performing equities on the European stock markets as its share price has dwindled from €130 to €28. ... Delivery Hero decided to merge with Glovo.

Glovo Owner Delivery Hero Expects Growth at Upper End of Forecast, Posts Solid Q3. More. Reuters. The Delivery Hero's logo is pictured at its headquarters in Berlin, Germany, August 18, 2020.