Glovo, Spain

Delivery Hero sees 100 million euro hit from making Spanish riders employees
Spain fined Glovo 79 million euros in 2022 for failing to contribute to social security and make other payments from 2018 to 2021 as it did not hire its delivery riders under formal contracts. Get the latest news and expert analysis about the state of the global economy with the Reuters Econ World newsletter. Sign up here.
Delivery Firm Glovo Riders In Spain To Become Employees
App-based food delivery firm Glovo's freelance riders in Spain will be hired as employees following pressure from the government to give them labour contracts, its German owners Delivery Hero said Monday.
Delivery Hero says Spain riders are now employees, and shares tumble
Shares of Delivery Hero tumbled sharply on Monday after the German-headquartered food delivery company said it would start treating its Spanish riders as employees. “Today, Glovo management decided to change from a freelance model to an employment based ...
Spanish deliver company Glovo to employ riders on a permanent basis
Glovo, the Spanish subsidiary of the German food delivery service Delivery Hero, is to offer its riders permanent contracts to avoid possible legal uncertainties. The step, taken in response to accusations from Spain's labour authorities,
Delivery Hero Faces €100m Earnings Hit As It Hires Spanish Riders
Delivery Hero said that freelance riders at its Spanish unit Glovo will be hired as employees, denting 2025 adjusted core earnings by €100m.
Delivery Hero tumbles on change to Spanish worker conditions
Delivery Hero's shares tumbled on Monday morning, after the company announced a major operational shift for its Spanish subsidiary Glovo.
Delivery Hero: Glovo to Move to Employment Based Model for Delivery Riders in Spain
Dow Jones Newswires is a market-moving financial and business news source, used by wealth managers, institutional investors and fintech platforms around the world to identify trading and investing opportunities, strengthen advisor-client relationships and build investor experiences. Learn More. Back To Top
Delivery Hero sees 100 million euro earnings hit as it hires Spanish riders
Delivery Hero said on Monday that freelance riders at its Glovo unit in Spain will be hired as employees, with the move denting its 2025 adjusted core earnings by 100 million euros ($105.1 million) Its shares fell were down 9.
The Canadian Press on MSN6h
Drivers for Spanish food delivery app Glovo will become full-time employees
Thousands of delivery drivers in Spain working for the food delivery app Glovo will soon be full employees after the company ...
Delivery Hero To Increase Overall Contingency In 2024 As Glovo Moves To Employment Based Model
Delivery Hero SE said Glovo management decided to change from a freelance model to an employment based model for its delivery riders ...
Delivery Hero says Glovo riders in Spain to become employees
Delivery Hero said on Monday that freelance riders at its Glovo unit in Spain will be hired as employees. "Glovo management ...