Ukraine’s Glovo delivery service grew by 23% from its pre-war indicators, and the Spanish company plans to continue investing.

Wednesday, June 19, 2024
Ukraine’s Glovo delivery service grew by 23% from its pre-war indicators, and the Spanish company plans to continue investing.

The company reestablished the business volumes it recorded before the full-scale invasion by the Russian Federation by November 2022, the co-founder of the service, Sasha Misho, and the Director of Glovo Ukraine, Maryna Pavlyuk, said.

Ukraine is the third largest market for Glovo, Misho noted. Over the entire period of its operation in Ukraine, the company has invested more than €100M and plans to continue investing. Glovo also announced the launch of services in several cities in eastern Ukraine. Currently, Glovo delivery operates in 37 Ukrainian cities.

On February 24, 2022, the top management of the Spanish delivery service, Glovo, decided to stop all operations in Ukraine due to th full-scale invasion. Employees of the Ukrainian office convinced their headquarters to resume work at the beginning of March, 2022.

 

Support independent journalism team

Dear Ukraine Business News reader, we are a team of 20 Ukrainian journalists, researchers, reporters and editors who would humbly ask for your support.

Previous post
Japan will provide $188M in grants to Ukrainian businesses and hold a conference on demining Ukraine.

Japan will provide $188M in grants to Ukrainian businesses and hold a conference on demining Ukraine.

Next post
Ukraine has great potential in solar energy, and the industry needs almost €5B in investment by 2030.

Ukraine has great potential in solar energy, and the industry needs almost €5B in investment by 2030.

Previous Main Topics