Officials from delivery app Glovo’s Spain office are in town to meet with 120 drivers currently on strike in protest at the company’s decision to end financial incentives and compensation, sources close to the matter told the local press. The company had scrapped financial benefits without providing explanation, the sources said, adding that drivers are asking for the return of bonuses and a guarantee of EGP 20 on each trip given they provide high quality service. Glovo, which is planning to launch a Heliopolis branch soon, returned to Egypt in June after less than a month of suspending operations in the country amid a dispute with the Egyptian Competition Authority. The ECA had accused Glovo of a deliberate, anti-competitive arrangement when it began directing users to Otlob, the food delivery app owned and operated by Delivery Hero, which owns 16% of Glovo.
More from Enterprise
Egypt continues to issue LCs as usual
LCs continue to be processed — albeit after closer inspection…
EGX kicks off first day of futures trading on the EGX
The rollout includes 3- and 6-month future contracts tracking the…
Gov’t to proceed with IPO plans after Eid
Good afternoon, friends, and welcome back. Still unsure where to…
Converted acquires Egyptian fashion platform Mitcha
“For me, the decision was about finding the right partner…