Glovo launches in Ghana

Spanish-based on-demand delivery startup, Glovo, has launched operations in Ghana. This is the fifth country in Africa it is establishing its operations since it entered the continent in 2018. However, Ghana is the second country in West Africa after Côte d’Ivoire that it is present in.

According to Pearlyn Budu, General Manager for Glovo Ghana, “We are excited about launching in Ghana. We are bringing a brand new service to Accra, which will make convenience a few clicks away. At this time, when it is essential for us to stay at home where necessary, our service will be a great way to get all the things you need, without leaving your home or office. “

“We are confident that Ghanaians will love Glovo.”

“This service will be a huge asset to business owners. In a city like Accra where traffic is a huge challenge, we have brought convenience and affordability to all residents.” she adds

Glovo was founded by Oscar Pierre and Sacha Michaud in 2015. In December 2019, it raised $167 million (€150m) in a Series E round led by Abu Dhabi’s Mubadala. The new funds made the company cross $1 billion valuation mark, making it the second privately-held Spanish company to have achieved the “unicorn” status.

It said it was going to use the money to help Glovo hire 300 new engineers and developers by mid-2020 and to expand into new territories.

In January 2020, Glovo ended its operations in Turkey, Egypt, Puerto Rico and Uruguay. In October 2020, in an effort to achieve profitability, Glovo’s remaining Latin American operations were sold to Delivery Hero, a German company, in a deal worth $272 million

Glovo has more than 2.5 million monthly active users, 50,000 active couriers and over 50,000 associated partners worldwide.