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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 ...
Spain's Labour Ministry has fined Glovo, the local business of Germany's Delivery Hero , another 56.7 million euros ($62 million) for allegedly violating laws on hiring riders, a source with ...
The European Commission has imposed fines totalling €329m ($375m) on Germany-based Delivery Hero and Spanish company Glovo for engaging in anti-competitive practices within the European Economic ...
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 ...
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.
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 ...
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 ...
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.
Glovo, which was acquired in January by German giant Delivery Hero, is waiving the fees and the commissions it normally charges businesses. Consumers pay a fee that is donated to a Ukrainian ...
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.