Tag: Glovo

Glovo plans to double investment in Africa in next 12 months, eyeing larger market share

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AFRICA – Glovo, on demand Spanish delivery platform, is seeking to expand its operations in Africa, its leading region for growth accounting for 30% of its geographical footprint. To spearhead the growth, the delivery start-up has unveiled plans of doubling its existing investment in the region to 50 million euros (US$59.3 million) over the next 12 months. So far, the Barcelona-based company has invested up to €25 million (US$30 million) by bringing its delivery service to six African countries — Morocco, Uganda, Kenya, Ghana, Côte d’Ivoire and Nigeria, reports Techcrunch.…

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Delivery startup Glovo expands reach in Kenya by entering two new towns

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KENYA – Glovo, on-demand delivery start-up, has expanded its footprints in Kenya, launching its services in Thika and Kiambu towns. The urban centres join the likes of Nairobi, Mombasa, Nakuru, Eldoret, Kisumu, Rongai, Ngong, and Kitengela where Glovo has established its services in the country.  The expansion move is part of the start-up’s growth plan following its raising of €450 million in a Series F funding round led by New York-based investment managers Lugard Road Capital and the Luxor Capital Group, at the beginning of June 2021. Glovo will pump…

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Glovo launches first African micro fulfilment center in Kenya, expands Q-commerce arm

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KENYA – Global on-demand delivery platform Glovo, has launched its first African micro fulfilment centre in Nairobi, Kenya, expanding its ‘Q-commerce’ division -next generation e-commerce. The new Glovo Market, is an extension of its Q-Commerce that consumers use to order from retail and neighbourhood stores and have the supplies delivered at their preferred location. With the new offering, individuals and small businesses with or without a brick-and-mortar footprint can sell the products on Glovo’s platform which will be fulfilled through its warehousing and logistics services. Glovo Market will be accessible…

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Delivery startup Glovo launches in fifth market Ghana

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GHANA – Glovo, a Spanish delivery startup, has launched its operations in Ghana, making it the second market in West Africa and the fifth African country after Kenya, Morocco, Uganda and Cote d’Ivoire, where the firm has established operations. The on-demand platform aims to make the lives of Ghanaians easier by providing access to convenient delivery services anywhere in Accra from local restaurants, stores and businesses in the city. Through the Glovo app, users can simply log on and order food, groceries and drinks, or they can send a courier…

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Glovo expands operations to two more towns in Kenya

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KENYA – On-demand delivery startup Glovo has announced that it is expanding its operations to two more towns in Kenya – Eldoret and Kisumu. The company says the move is part of its strategic expansion in Kenya, with the company intending to have a presence in all major towns in the country. With the move, residents in Kisumu and Eldoret will be able to enjoy free delivery for top partners KFC, Java and Naivas as part of Glovo’s launch campaign in these markets. “We are very excited about the launches…

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