Spanish Delivery App Glovo Raises $121M from Swiss Real Estate Firm Stoneweg (Macarena Munoz Montijano/Bloomberg)
Glovo, a Spanish delivery app, recently announced that it has raised $121 million in funding from Swiss real estate firm Stoneweg. The capital injection is set to be used to build out a network of delivery-only convenience stores with an aim of providing customers with products within 30 minutes or less. Reports also suggest that … Read more