logo
logo
Sign in

How does Glovo Works? Its Business and Revenues Model

avatar
Abservetech Private Limited
How does Glovo Works? Its Business and Revenues Model

Glovo, Founded in Barcelona in 2015. This app was available in Uganda, Kenya, Morroco, Ghana, and Nigeria. 


It provides multi-sided services with Online food delivery. Glovo served areas are 40 cities, 300,000 users around 8000 restaurants.


Glovo app is an on-demand delivery app. Glovo provides an entire home delivery service, delivering anything and everywhere you could kindly need, from Gifts, contact lenses, pharmacy products, and significantly more.


How does Glovo App work?


  1. Download the Glovo App
  2. Login with Glovo App
  3. Enter the delivery address
  4. Alternative payment
  5. Add products to the cart
  6. Review and Rate


Glovo’s delivery services have raised in the past few months, now available in all cities. The Glovo app offers top-quality options. They create it to get groceries easier.


Glovo works in partnership with couriers that are self-supporting fabricators for completing orders. The platform needs these delivery couriers to allow their vehicles. 


It could be an automobile or a bike. We need a mobile phone for receiving orders. More than 60,000 such couriers are working for this platform at significance.


Glovo’s Revenues Model


Glovo delivery app produces cash by delivery fees, offering fees, and commission on order services. The delivery money for Glovo is between 20% to 30% of the food benefit. Glovo associates will be given a share of their revenues to Glovo. 


Glovo increased $30 million in a Series B charging round led by the Japanese tech giant Rakuten in 2017.


Build a startup business with online food delivery software. It helps you build an ideal online delivery business.


collect
0
avatar
Abservetech Private Limited
guide
Zupyak is the world’s largest content marketing community, with over 400 000 members and 3 million articles. Explore and get your content discovered.
Read more