Unicorn delivery app Glovo has raised more than $500 million to beat major rivals like Uber and Deliveroo for years, now it wants to focus on social good projects as coronavirus rages on

Published on: May 21, 2020 10:31 am

Spanish delivery company Glovo has seen a boom in its services during the coronavirus pandemic and wants to use the momentum to continue into more social good projects.  The startup has a unicorn valuation having raised more than $500 million since 2015 but wants to become self-funded going forward.  “Things like delivering groceries, getting medication to the elderly and those who weren’t able to go out has shown we have become essential to society,” Sacha Michaud, Glovo’s cofounder, told Business Insider in an interview. “It’s a wake-up call as a founder, we should be doing this all the

Read more    Source: businessinsider.com