The investigation marks the first-ever EU antitrust case involving a minority shareholding, as well as the first enforcement of EU competition rules concerning labour markets. #EuropeNews ...

The EU has fined German-based food courier firm Delivery Hero and its Spain-based unit Glovo nearly 330 million euros for participating in a cartel which involved an agreement not to poach each ...

Based in Germany, Delivery Hero has held a 94% stake in Spain’s Glovo since July 2022, but the EU’s formal probe – launched last year – focuses on the period before it took sole control.

The EU has fined European takeaway groups Delivery Hero and Glovo €329mn for taking part in an “online food delivery cartel”, in the latest antitrust crackdown by the bloc. German food ...

Prosus, which has a minority stake in rival Delivery Hero, announced its plan to buy Just Eat in February; a deal that is set to create the world's fourth-largest player in food delivery by gross ...

The European Commission on Monday issued a fine totalling €329 million ($376 million) to Delivery Hero and former rival Glovo for participating in an online food delivery cartel. German company ...

Delivery Hero admits in its own 2024 Corporate Report that "a key challenge of the delivery industry is the legal status of riders." It lists this as its top strategic risk. And with good reason: the ...

Based in Germany, Delivery Hero has held a 94% stake in Spain's Glovo since July 2022, but the EU's formal probe – launched last year – focuses on the period before it took sole control. They are two ...

Based in Germany, Delivery Hero has held a 94% stake in Spain's Glovo since July 2022, but the EU's formal probe—launched last year—focuses on the period before it took sole control. They are two of ...

The companies’ private arrangement, which spans Germany, Spain, Hungary, Romania, and other countries, is one of Europe’s largest and fastest-growing delivery markets. These so-called no-entry and ...

Oscar Pierre is one of the most influential figures in the European startup scene with his company Glovo. He was born in 1992 in Barcelona, Spain. Known for founding and leading Glovo, an on-demand ...

Delivery Hero's fine was 223 million euros and Glovo 105.7 million euros. The total fine is about 20% less than the more than 400 million euro provision set aside by Delivery Hero last year.