German online food takeaway company Delivery Hero and its Spanish unit Glovo were fined 329 million euros ($376 million) for taking part in a cartel which included an agreement not to poach each other ...

Germany’s Delivery Hero is set to become Glovo’s majority shareholder following a deal to acquire an additional 39.4% stake of the Spanish delivery startup, of which it already held 44%.

We have also confirmed that Barcelona-based Glovo, which — since the end of 2021 has been majority owned by Delivery Hero — was also approached by the Commission. “As part of its ...

Delivery Hero and Glovo, Europe's two leading food delivery companies, are known for delivering restaurant-prepared meals, groceries and retail products. Both were found to have violated antitrust ...

(Bloomberg) -- German delivery giant Delivery Hero SE has agreed to acquire a majority stake in Spanish startup Glovo, the company said in a statement Friday. The deal will value Glovo, Spain’s ...

Spain's Labour Ministry has fined Glovo, the local business of Germany's Delivery Hero , another 56.7 million euros ($62 million) for allegedly violating laws on hiring riders, a source with ...

Delivery Hero confirmed in a press release Monday that it reached a settlement agreement with the European Commission in regard to its actions and collusion with Glovo. "Today's settlement allows ...

Delivery Hero SE and its Spanish subsidiary Glovo run the risk of hefty European Union fines, after antitrust regulators opened a full scale investigation to determine whether the companies may ...

With just about an hour left in 2021, Delivery Hero announced on New Year’s Eve that it was acquiring a majority stake in Spanish online delivery player Glovo.

The Berlin headquartered company, which owns food delivery platforms including Foodpanda and Glovo, beat expectations with adjusted EBITDA worth €253.3 million ($271.1 million) in 2023, versus ...

Delivery Hero and Glovo, Europe's two leading food delivery companies, are known for delivering restaurant-prepared meals, groceries and retail products. Both were found to have violated antitrust ...