Delivery Hero to acquire Latin American business of Glovo in €230m deal

Delivery Hero to acquire Latin American business of Glovo in €230m deal

Delivery Hero, a German online food ordering company, has agreed to acquire the Latin American (LATAM) operations of on-demand delivery start-up Glovo for up to €230 million. The consideration includes performance-based payment of up to €60 million. Glovo enables its users to buy, collect, and send any product or item within their city. The Spanish […]