Delivery Hero Acquires Glovo's LATAM Business For Some $272M
PYMNTS
SEPTEMBER 16, 2020
Delivery Hero said on Wednesday (Sept. 16) that it has acquired fellow delivery service Glovo 's Latin American operations for about $272 million. Delivery Hero focuses only on food. Glovo will continue to operate the businesses in the five countries that are new to Delivery Hero until March of 2021.
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