Connect with us

Business

Delivery Hero acquires the LATAM business of Glovo

Published

on


Delivery Hero said on Wednesday (September 16th) that it had acquired another delivery service GlovoLatin American operations for approximately $ 272 million.

Delivery Hero only focuses on food. Glovo says he will deliver just about everything.

Delivery Hero, based in Germany, already operates in Argentina, Panama and the countries of the Dominican Republic also served by Glovo and adds Peru, Ecuador, Costa Rica, Honduras and Guatemala through the deal, according to Wednesday’s press release. Glovo will continue to operate the business in the five countries that are new to Delivery Hero until March 2021.

Niklas Stberg, CEO and co-founder of Delivery Hero, said in a prepared statement: “Latin America is a region with exceptional growth potential for online delivery. Acquiring Glovos’ local operations gives us the opportunity to redouble our efforts to stimulate innovation and continuously improve our customer experience and support to local suppliers in the region.We have worked closely with Glovo for many years and are proud to integrate their Latin American services into our global network. “

Oscar Pierre, CEO of Glovo, said in a prepared statement: “We believe it is important to focus on the key markets where we can develop a long-term sustainable business and continue to provide our unique multi-category offering. This transaction will allow us to strengthen our presence in markets where we are already very strong, while allowing us to invest in new markets where we see enormous potential for growth and significant opportunities. that Delivery Hero is the best possible partner to take the business we’ve built in Latin America to the next level. They have what it takes to continue and become the main player in the region. “

Berlin-based Delivery Hero has 27,000 employees and processes over four million orders per day, according to the company.

Glovo is based in Barcelona, ​​Spain, and claims it has 1,700 employees, 50,000 active couriers and 7.3 million active customers.

——————————

LIVE PYMNTS OCTOBER SERIES: POWERING THE DIGITAL CHANGE – B2B PAYMENTS 2021

Banks, businesses and even regulators now recognize the imperative to modernize, not just digitalize, the infrastructure and workflows that move money and data between businesses nationally and across borders.

Together with Visa, PYMNTS invites you to a month-long series of live broadcast programs on these issues as they reshape B2B payments. Masters of Modernization share ideas and answer questions in a mix of intimate fireside discussions and dynamic virtual roundtables.



What Are The Main Benefits Of Comparing Car Insurance Quotes Online

LOS ANGELES, CA / ACCESSWIRE / June 24, 2020, / Compare-autoinsurance.Org has launched a new blog post that presents the main benefits of comparing multiple car insurance quotes. For more info and free online quotes, please visit https://compare-autoinsurance.Org/the-advantages-of-comparing-prices-with-car-insurance-quotes-online/ The modern society has numerous technological advantages. One important advantage is the speed at which information is sent and received. With the help of the internet, the shopping habits of many persons have drastically changed. The car insurance industry hasn't remained untouched by these changes. On the internet, drivers can compare insurance prices and find out which sellers have the best offers. View photos The advantages of comparing online car insurance quotes are the following: Online quotes can be obtained from anywhere and at any time. Unlike physical insurance agencies, websites don't have a specific schedule and they are available at any time. Drivers that have busy working schedules, can compare quotes from anywhere and at any time, even at midnight. Multiple choices. Almost all insurance providers, no matter if they are well-known brands or just local insurers, have an online presence. Online quotes will allow policyholders the chance to discover multiple insurance companies and check their prices. Drivers are no longer required to get quotes from just a few known insurance companies. Also, local and regional insurers can provide lower insurance rates for the same services. Accurate insurance estimates. Online quotes can only be accurate if the customers provide accurate and real info about their car models and driving history. Lying about past driving incidents can make the price estimates to be lower, but when dealing with an insurance company lying to them is useless. Usually, insurance companies will do research about a potential customer before granting him coverage. Online quotes can be sorted easily. Although drivers are recommended to not choose a policy just based on its price, drivers can easily sort quotes by insurance price. Using brokerage websites will allow drivers to get quotes from multiple insurers, thus making the comparison faster and easier. For additional info, money-saving tips, and free car insurance quotes, visit https://compare-autoinsurance.Org/ Compare-autoinsurance.Org is an online provider of life, home, health, and auto insurance quotes. This website is unique because it does not simply stick to one kind of insurance provider, but brings the clients the best deals from many different online insurance carriers. In this way, clients have access to offers from multiple carriers all in one place: this website. On this site, customers have access to quotes for insurance plans from various agencies, such as local or nationwide agencies, brand names insurance companies, etc. "Online quotes can easily help drivers obtain better car insurance deals. All they have to do is to complete an online form with accurate and real info, then compare prices", said Russell Rabichev, Marketing Director of Internet Marketing Company. CONTACT: Company Name: Internet Marketing CompanyPerson for contact Name: Gurgu CPhone Number: (818) 359-3898Email: [email protected]: https://compare-autoinsurance.Org/ SOURCE: Compare-autoinsurance.Org View source version on accesswire.Com:https://www.Accesswire.Com/595055/What-Are-The-Main-Benefits-Of-Comparing-Car-Insurance-Quotes-Online View photos



picture credit

ExBUlletin

to request, modification Contact us at Here or [email protected]

Please disable the ad-blocker on this page to see the content

plus