From July 2018, Delivery Hero held a minority share in Glovo — going on to acquire sole control in July 2022, per the Commission, which noted that this is the first investigation it has ...

On June 2, 2025, for the first time, the European Commission sanctioned a “no-poach” agreement between rival companies as an ...

On 2 June 2025, the European Commission (the Commission) fined Delivery Hero and its Spanish subsidiary Glovo a combined €329 million for operating ...

Glovo said the raids took place at its Barcelona offices. Delivery Hero and Glovo had confirmed last year's raids too. Delivery Hero struck a deal to secure majority control of Glovo in December 2021.

Brussels approves Naspers’ takeover of Just Eat Takeaway.com but orders Delivery Hero’s owner to sell down rival shares to ...

Delivery Hero will hire freelance riders at its Glovo unit in Spain as full-time employees, the food delivery firm said on Monday, warning of a 100 million euro ($105 million) hit to earnings and ...

Delivery Hero reported a GMV of 12.2 billion euros ($13.12 billion) for the quarter, in line with analysts' expectations in a company-provided consensus. Outside Asia, its main market, GMV rose 25%.

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.

Delivery Hero will complete the transaction by issuing new shares, valuing Glovo at EUR 2.3 billion on a fully diluted, cash-free, and debt-free basis or about 0.77 times EV/gross transaction ...

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 ...

Spain's Glovo, part of Germany's Delivery Hero, said on Monday it planned to lay off 250 workers globally, citing a drop in orders and inefficiencies after the COVID-19 pandemic drove a hiring surge.