The food delivery service Glovo said that together with its partners, they helped create 444 million euros of added value for the Ukrainian economy in 2023. The company also reported that since the beginning of 2024, the number of users of the application increased by almost 20%, and the number of orders in October 2024 increased by 11% compared to last year.
The food delivery service Glovo said that together with its partners, they helped create 444 million euros of added value for the Ukrainian economy in 2023. The company also reported that since the beginning of 2024, the number of users of the application increased by almost 20%, and the number of orders in October 2024 increased by 11% compared to last year.
In 2024, Glovo developed a subscription service for Glovo Prime users and introduced On-Demand, which allows businesses to integrate express delivery. By the end of the year, the company plans to integrate the Glovo Next functionality on the platform, and the priority for the following years is the further development of quick commerce (Q-commerce), the press release states.
It cites data from the Yellow Effect study by Statista, which claims that in 2023, Glovo and its partners provided 12,987 jobs «equivalent to full employment» and 122 million euros in payments to the state budget. Glovo is also expected to pay UAH 495 million in taxes by the end of the current year, and in general, since the beginning of the full-scale invasion until September of this year, the company transferred UAH 889 million to the budget. During 6 years of work in Ukraine, Glovo invested more than 100 million euros.
Glovo service is currently available in 38 cities of Ukraine. Pavlograd became the first city in eastern Ukraine in which the company launched operations since the beginning of the full-scale invasion in September 2024.
«Our goal is to support local business, creating new opportunities for entrepreneurs, and make the daily life of our users more convenient», — said Maryna Pavlyuk, CEO of Glovo in Ukraine.
The company also emphasized that it supports the development of the IT ecosystem in Ukraine. Glovo reminded that in cooperation with the Ukrainian Startup Fund they hold an annual startup competition, and from 2024 they scaled this initiative into the PowerUp Ukraine technology conference. It should become an annual platform for attracting international private investment in Ukrainian technology companies and startups and developing the ecosystem.
Earlier, the Glovo delivery service carried out a large-scale update of the application, adding separate functions of social networks (search and communication with friends, watching videos from restaurants, creating lists of favorite establishments, etc.).
The other day it became known that the functions of the updated Glovo application, which resemble those in social networks, are already being tested by Ukrainian users. Maryna Pavlyuk told the dev.ua journalist about this during Forbes Tech 2024.
