Company Overview
About Glovo
Glovo is a Spanish on-demand delivery company founded in 2015 in Barcelona that connects consumers with local restaurants, grocery stores, pharmacies, and retailers for fast delivery via its mobile app. Operating in 25+ countries across Southern and Eastern Europe, Africa, and Central Asia, Glovo has built a significant presence in markets including Spain, Italy, Poland, Ukraine, Morocco, Kenya, and Georgia, among others.
Business Model & Competitive Advantage
Glovo was acquired by Delivery Hero (the German food delivery conglomerate) in 2022. Despite the acquisition, Glovo continues to operate under its own brand and leadership. In 2025, Glovo faced substantial regulatory and financial headwinds in Spain: the EU fined Glovo and Delivery Hero €329M in June 2025 for antitrust violations, Spain's Social Security agency demanded €450M in fines and contributions related to gig worker reclassification, and Spain's 2021 Rider Law required the company to employ its delivery riders — adding approximately €100M in annual operating costs.
Competitive Landscape 2025–2026
Despite these challenges, Delivery Hero reaffirmed its commitment to the Spanish market in August 2025. Glovo's pan-European and African presence positions it as the primary alternative to Uber Eats and Just Eat in emerging European and African cities where its competitors have weaker coverage.
Key Differentiators
Market Leader
Glovo is recognized as a market leader in the Food, Beverage & AgTech sector, demonstrating strong industry presence and customer trust.
Frequently Asked Questions
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