Glovo | Romania Feed

Glovo, a leading player in the express delivery industry, saw its turnover rise by 45% last year in Romania, reaching an overall deal value of EUR430 million at end-2022, Iustinian Belghir, general manager of Glovo Romania, told ZF.

Glovo will be moving its head office in Romania to a space leased in the second phase of the U•Center office project developed by Forte Partners in Bucharest’s Tineretului area.

Romania’s Competition Council is putting up for public debate the proposals of commitments submitted by on-demand delivery platform Glovo in order to eliminate antitrust issues found in the context of the acquisition of Foodpanda and Delivery Hero.

Spanish on-demand delivery platform Glovo on Wednesday said it would acquire the Foodpanda business in Romania and Bulgaria, part of Germany's Delivery Hero Group.

Glovo, the on-demand delivery platform, announced that it has entered into a strategic partnership with Swiss-based real estate firm, Stoneweg, as the company expands its newly-launched Q-Commerce division. The agreement will see Stoneweg invest EUR 100 million in building and refurbishing prime city real estate in some of Glovo’s key markets. This will help accelerate […]