Key figures on Glovo 2024

Glovo, which was acquired by German food delivery giant Delivery Hero in 2022, is facing a critical situation due to the implementation of Spain's 'Rider Law' (known as Ley Rider in Spanish). This law sets forth regulations on the working conditions for delivery drivers employed by digital home delivery platforms. Operating across ** countries and employing approximately ****** individuals, Glovo had incurred fines totaling ***** million euros as of January 2024 for non-compliance with the 'Rider Law'. The company has allocated a total provision of *** million euros for these penalties, reflecting the irregular employment status of ****** workers. Additionally, in February 2024, Glovo was fined ******* euros for the abusive use of personal data belonging to delivery drivers using the platform.