Radar > 238127

Glovo App enters France

Glovo App desembarca en Francia

Intel ID : 238127
Synopsis

Glovo App, a company engaged in purchasing and shipping of products through a mobile app, decided to begin operations in France, as reported by newspaper Expansión on 28 June 2016, citing its founder Oscar Pierre.

Oscar Pierre said he expects that almost a quarter of the company' total business will come from France.

Furthermore, Glovo App is preparing its third capital raise this year, for which negotiations have begun, with venture capital funds. This new capital raise will be for its international expansion.
(content in spanish)

Glovo App, empresa de compra y envío de productos a través de aplicación móvil, ha decidido comenzar a operar en el mercado francés, según ha informado el diario Expansión el 28 de junio de 2016, basándose en declaraciones de Oscar Pierre, fundador de la start up.

Oscar Pierre ha asegurado que tienen previsto que de la capital francesa venga casi una cuarta parte del total del negocio.

Asimismo, Glovo App está preparando su tercera ronda de financiación para este año, por la que está en negociaciones con fondos de capital riesgo. El dinero de esta nueva ronda se destinaría a la internacionalización de la compañía.

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Intel ID 238127
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Native Currency Euro (EUR)
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verified
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Services and Distribution / Distribution and Retail (Primary)
Technology and Telecoms / Internet
Primary Sector (TTRSC)
10.01.03 Distributors & Wholesalers (B2B)
10 Business Services / 10.01 Business & Professional Support Services

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