Glovo, a Spanish delivery app owned by Germany's Delivery Hero, has bowed to pressure over labor rights in its home market.
Glovo transitions riders in Spain to employees, impacting earnings by €100M. Shares fall; legal uncertainties remain. Just ...
Talabat Holding PLC, the Dubai-based food delivery platform, raised $2 billion in its initial public offering (IPO), marking ...
Thousands of delivery drivers in Spain working for the food delivery app Glovo will soon be full employees after the company ...
Gibson Dunn is advising Talabat on U.S. and English law, while the United Arab Emirates’ Ibrahim .N. Partners are advising on ...
Delivery Hero's shares tumbled on Monday morning, after the company announced a major operational shift for its Spanish ...
Spain passed a "rider law" in 2021 that required delivery companies to directly employ riders instead of using independent contractors. Glovo was hit with a EUR79 million penalty in 2022 for alleged ...
Talabat Holding, one of the largest food delivery companies in the Middle East, is set to raise about $2 billion in the ...
The Middle East has become the stage for the largest technology IPO of 2024. Talabat, a food delivery giant, raised $2 billion in its initial public offering on the Dubai Stock Exchange. This landmark ...
Talabat, the Middle Eastern food delivery service owned by Delivery Hero, priced its IPO on Friday at Dh1.6 a share, the top of the opening range, to raise $2.03bn-equivalent, making it the largest ...