6th April 2021
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GP Bullhound has made a follow-on investment into Glovo, one of the world’s leading multi-category delivery players, as part of a Series F funding round of €450M ($530M) led by Luxor Capital Group, with participation from existing investors including Delivery Hero and Drake Enterprises. Founded in Barcelona in 2015, Glovo is a pioneering multi-category delivery app and one of the world’s leading delivery platforms. It operates in Southern Europe and EEMEA, connecting users with restaurants, grocery chains, pharmacies and retail stores.
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