Glovo

Glovo
Delivery Service
Industry On demand
Founded 2015
Founders Oscar Pierre and Sacha Michaud
Headquarters Barcelona, Spain
Areas served
Spain, Italy, France, Portugal, Chile, Peru, Romania, Turkey, Panama, Guatemala, Costa Rica, Brazil, Ecuador and Argentina.
Number of employees
500
Website www.glovoapp.com

Glovo is a Spanish start-up founded in Barcelona in 2015. It is an on demand service that purchases, picks-up and delivers anything that is ordered through the app. The service is carried-out in less than an hour by independent couriers, called Glovers. Currently, its service is currently available in Spain, France, Portugal, Italy, Chile, Argentina, Morocco, Brazil, Guatemala, Costa Rica, Turkey, Panama, Romania, Peru, Egypt, Ecuador and Ukraine. The app is available for free download for both in the iOS App Store and for Android in the Play Store. It is also usable on the web through website.

Description

The application allows customers to order whatever he/she wants. It has different categories depending on the type of product: food, pharmacy, groceries, courier, etc. Once the Glovo (order) is made, the customer can see by geolocation which glover will deliver the order, where it is located and the route the Glover will follow. All in real time. The vast majority of the glovers use motorbikes and bicycles.

History

  • In March 2015, Glovo's first order in Barcelona took place. During the same month it closed its first round of investment (140,000€). [1]
  • In September 2015, Glovo landed in Madrid [2]
  • In November of the same year, Glovo opened in Valencia and closed a second round of investment of 2M € [3]
    That same month, the start-up won the Google award for mobile innovation in the retail sector. [4]
  • In March 2016, Glovo acquired the Italian company Foodinho and started operating in Milan. It started its international expansion. [5]
  • In May 2016, Glovo was launched in Paris. [6]
  • In August of the same year, Glovo closed the third round of investment of 5M € [7]
  • In September 2016, it expanded its services in Zaragoza, Seville and Malaga. It is considered by Wired one of Europe's hottest start-ups. [8]
  • In October 2016, the company signed a media for equity agreement with AtresMedia group, one of Spain´s largest media groups.
  • In November 2016, Glovo won the Expansión prize for the best digital ideas in the category of new business models [9]
  • In March 2017, it opened two new cities: North of Madrid (Majadahona and Las Rozas) and South of Madrid (Móstoles, Alcorcón, Getafe, Fuenlabrada and Leganés).
  • In May 2017, it is considered one of the 40 companies that will change the world. It is the only Spanish company that appears in the ranking made by the consulting company Interbrand [10]
  • In June of the same year, an exclusive agreement was signed with McDonald's Spain and Italy for Glovo to partner with the McDelivery service. [11]
  • In September, Glovo raised 30M€ led by Rakuten and Cathay Innovation. [12]

Countries

  • Spain
  • France
  • Italy
  • Portugal
  • Chile
  • Peru
  • Argentina
  • Panama
  • Costa Rica
  • Guatemala
  • Brazil
  • Romania
  • Morocco
  • Turkey
  • Egypt
  • Ecuador
  • Uruguay
  • Ukraine

Notes and references

  1. Glovo first round. Investment of 140.000€ - Conector.com
  2. Glovo landed in Madrid - Hipertextual.com
  3. Glovo closes its second round - Eleconomista
  4. Glovo App, winner of Google Start-Up Award
  5. Glovo acquires Italy’s Foodinho to expand on-demand delivery service - Techcrunch
  6. Glovo launched in Paris - La Vanguardia
  7. Glovo get 5M€ to keep growing - El País
  8. Wired European Startups 2016
  9. Glovo won Expansión award - Expansión
  10. "Interbrand Breakthrough Brands - Glovo". ELMUNDO. Retrieved 2017-07-10.
  11. "McDonald's launch McDelivery in Spain and Italy with Glovo app". Expansión.com (in Spanish). Retrieved 2017-07-10.
  12. "European on-demand delivery startup Glovo raises €30 million Series B". techcrunch.com. Retrieved 2017-10-10.
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