Delivery Startup Glovo raises €450m

Spanish delivery startup Glovo have raised €450m ($529m/£384m) in a funding round led by Lugard Road Capital and Luxor Capital Group, taking the total funding it’s raised since it was founded 2015 to over $1bn. The Barcelona-based company will use the investment to expand its footprint in the markets it already operates in and to grow its Q-Commerce division.

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