Delivery Hero, which operates in Spain under Glovo, said it expects a €100 million ($105 million) impact on adjusted earnings before interest taxes depreciation and amortization for fiscal year ...

Delivery Hero, which operates in Spain under Glovo, said it expects a EUR100 million ($105 million) impact on adjusted earnings before interest taxes depreciation and amortization for fiscal year ...

Delivery Hero will hire freelance riders at its Glovo unit in Spain as full-time employees, the food delivery firm said on Monday, warning of a 100 million euro ($105 million) hit to earnings and ...

Shares in Delivery Hero plunged after the company said its Spanish subsidiary would implement an employment-based model in the country, a move expected to hit profits by 100 million euros ($105.8 ...

EQS-Ad-hoc: Delivery Hero SE / Key word(s): Legal Matter Delivery Hero SE: Glovo decides to move to employment based model for delivery riders in Spain and expects to receive reclassification ...

STORY: Delivery Hero has announced a big change to its employment model at its Glovo unit in Spain.It said on Monday (Dec 2) freelance riders will now be hired as employees.The company said it ...

Thousands of delivery drivers in Spain working for the food delivery app Glovo will soon be full employees after the company announced Monday that it was moving to an employment-based model ...

MADRID (Reuters) – Spain’s labour ministry has fined Delivery Hero’s Spanish unit Glovo for violating a law which requires food delivery companies to formally hire riders, the ministry ...

Spain in 2021 passed Europe's first law that explicitly regulates the status of delivery workers, requiring that they be recognised as employees ... its German owners Delivery Hero ...

Shares in Delivery Hero plunged after the company said its Spanish subsidiary would implement an employment-based model in the country, a move expected to hit profits by around $106 million in ...

Shares of Delivery Hero SE tumbled sharply on Monday after the German company said it would shift to an employment-based model for its freelance delivery riders in Spain.