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Glovo delivery platform, launched on the Romanian market in May this year, announces the expansion of the company through the investment of 115 million euros received in the series C and extends his team
International companies such as Rakuten, Seaya and Cathay, who have also invested in the series B, AmRest, have designated the largest restaurant operator in Central Europe, the companies of private equity Idinvest Partners and GR Capital, as well as other small investors
The new phase of fundraising allows the startup to continue investing in the optimization of the platform and technological resources to improve the services offered to suppliers, users and partner stores. The company aims to expand the global technical team through the recruitment of more than 100 engineers in the coming months, one of the main objectives being to position itself as one the most important technological centers in Southern Europe
was launched in 6 countries and 20 cities worldwide
In Spain, where the startup was created, Glovo is already present in more than 21 cities, while its global presence increases to 61 Founded in Barcelona in January 2015, through Glovo, users can order anything, anytime and anywhere in the perimeter of the city [19659003] Thus, in the current round of financing, the prestigious Japanese company Rakuten, sponso. AmRest is one of the new investors participating in Barcelona's startup shareholding.
AmRest has more than 1,650 restaurants in more than 16 countries through such brands as KFC, La Tagliatella, Pizza Hut, Starbucks and Burger King, Blue Frog and KABB. The investment position of 115 million EUR Glovo as one of the Spanish companies that received the largest investment in 2018.
"We are more than satisfied with this major investment that we will help grow rapidly in the next stage of the business " said Oscar Pierre, CRO and co-founder of Glovo. "My priority right now is to invest in the expansion of our technical team and continue to optimize the platform to provide the best services to the three main pillars of the company: suppliers, users and partner stores to position us as the first choice in the delivery application. "
Glovo took the lead of Uber
In addition, the company named Niall Wass for the post chairman of the board of directors. He held the position of Senior Vice President (EMEA and APAC) within Uber and helped develop Glovo's business strategy last year
Glovo is an application that allows you to order and deliver any product. where are you. The application was launched on the Romanian market in May 2018. Overall, the application has more than 1 million users and 5600 partners
In Spain, the service is available in urban areas in more than 21 cities, including Barcelona, Madrid, Valencia, Zaragoza and Seville. Glovo is also present in major European capitals and EMEA, such as Rome, Paris, Istanbul or Casablanca, and in 9 LATAM countries such as Brazil, Argentina or Panama. Glovo is currently active in more than 61 cities in 17 countries around the world and continues to expand into new cities in the next period
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