Glovo cofounder and CEO Oscar Pierre has smashed Spain's record for the largest fundraise. GlovoGlovo’s cofounder and CEO Oscar Pierre has big plans for the “delivery anything” courier app after raising a $530 million round, smashing its own record for the largest fundraise in Spain. Glovo cofounder and CEO Oscar Pierre seen with one of his startup's delivery boxes. GlovoThe labor issues and protests from couriers that overshadowed Deliveroo’s IPO have also weighed on Glovo. Pierre said he was willing to work with Spain’s labor ministry when it releases its new guidelines for the gig economy.

Source: Forbes April 01, 2021 18:45 UTC