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Glovo

Multi-category delivery app

Delivery Hero's Barcelona-based app that delivers restaurant meals, groceries, pharmacy and shop items and parcels in Southern and Eastern Europe, Africa and Central Asia.

Multi-category delivery appSince 2015Barcelona, Spain
How it started

A Barcelona start-up Delivery Hero backed, then bought.

€2.3Bpaid by Delivery Hero in 2022

Founded in Barcelona in 2015, Glovo took money from Delivery Hero from 2018; Delivery Hero raised its stake from 44.3% to 94.5% when the deal closed on July 4, 2022, paying mainly in new shares.

How big it is

How big is Glovo?

21CountriesOct 2026
150KMonthly local storesOct 2026
120KMonthly couriersOct 2026
How it makes money

Takes a commission on every order from restaurants and shops, plus delivery and service fees from customers.

  • Commissions from restaurants and shops
  • Delivery and service fees
  • Glovo Prime subscription
  • Advertising
  • Grocery sales
Key moments
  1. 2015Founded in Barcelona
  2. 2019Becomes a unicorn
  3. 2020Sells Latin America
  4. 2022Delivery Hero takes control
  5. 2025Spanish riders become employees
Its place in Delivery Hero

The core of Delivery Hero's Europe segment.

Glovo serves most of the Europe segment's markets plus the group's six African and two Central Asian countries; the segment, shared with foodora, efood and foody, brought 20% of group GMV in 2025.

Who it competes with
Uber EatsJJust Eat TakeawayWWoltBBolt Food
What Delivery Hero does not disclose
  • Glovoapp23 S.A. annual revenue and profit: the accounts are filed with the Registro Mercantil de Barcelona but are not freely available online, and Glovo publishes no results release
  • Glovo's own annual GMV, orders and revenue (its newsroom gives only cumulative orders and Q-commerce turnover; Delivery Hero reports only the Europe segment, which also includes foodora, efood and foody)
  • Glovo's share of Delivery Hero GMV or revenue
  • Glovo's monthly active users (only 'millions of users')
  • Glovo's adjusted EBITDA
The group behind itDelivery Hero
→
Sources

Every number on this page comes from Delivery Hero's own reports.

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