Glovo is a Spanish on-demand delivery company that was founded in 2015 and is headquartered in Barcelona, Spain. It offers delivery services for food, groceries, and other products and operates in various countries in Eastern Europe, Latin America, and Africa.
According to reports, Glovo has announced plans to cease operations in Ghana, citing profitability challenges. The app will no longer accept orders from May 10, 2024. This decision comes two years after the company invested $3.7 million USD to expand its services in the region.
The report further mentions that the exit will allow glovo to focus its resources on other African markets like Ivory Coast, Kenya, Tunisia, and Nigeria.