{"id":594363,"date":"2019-10-28T04:07:21","date_gmt":"2019-10-28T04:07:21","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2019\/10\/28\/spains-glovo-eyes-50-share-of-egypts-online-delivery-market\/"},"modified":"2019-10-28T04:07:21","modified_gmt":"2019-10-28T04:07:21","slug":"spains-glovo-eyes-50-share-of-egypts-online-delivery-market","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2019\/10\/28\/spains-glovo-eyes-50-share-of-egypts-online-delivery-market\/","title":{"rendered":"Spain\u2019s Glovo eyes 50% share of Egypt\u2019s online delivery market"},"content":{"rendered":"<p><a class=\"content-anchor\" id=\"tldr-story-05\"><\/a> <b>Glovo wants half of Egypt\u2019s delivery market:<\/b> Delivery app Glovo plans to more than double its share of Egypt\u2019s online delivery market to 50% within 18 months, up from its current 21% share, <a href=\"https:\/\/www.reuters.com\/article\/us-glovo-egypt\/spains-glovo-targets-50-of-egypt-online-delivery-services-in-18-months-idUSKBN1X60CM\">sales manager Mustafa Kamel told Reuters in an interview<\/a>. Glovo plans to expand to 16 cities by the end of 2020, and <a href=\"https:\/\/enterprise.press\/stories\/2019\/10\/03\/spains-glovo-plans-to-invest-eur-5-1-mn-in-egypt-next-year\/\">had said earlier this month<\/a> it intends to invest EUR 5.1 mn in Egypt next year to finance this expansion. The company had suspended operations in Egypt earlier this year, saying at the time it was <a href=\"https:\/\/enterprise.press\/stories\/2019\/05\/02\/spanish-home-delivery-startup-glovo-said-to-exit-egypt\/\">exiting the market<\/a> altogether, only to <a href=\"https:\/\/enterprise.press\/stories\/2019\/06\/19\/glovo-returns-to-egypt-resumes-services-in-cairo\/\">relaunch its services<\/a> five weeks later. The Egyptian Competition Authority <a href=\"https:\/\/enterprise.press\/stories\/2019\/05\/29\/eca-calls-foul-on-delivery-hero-glovo-arrangement-orders-glovo-to-come-back-to-egypt\/\">accused Glovo and Delivery Hero of anti-competitive practices<\/a> following its exit, and ordered Glovo to resume operations in Egypt within 30 days.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Glovo wants half of Egypt\u2019s delivery market: Delivery app Glovo plans to more than double its share of Egypt\u2019s online delivery market to 50% within 18 months, up from its current 21% share, sales manager Mustafa Kamel told Reuters in an interview. Glovo plans to expand to 16 cities by the end of 2020, and [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"single-feature.php","format":"standard","meta":{"_acf_changed":false,"newspack_ads_suppress_ads":false,"newspack_popups_has_disabled_popups":false,"newspack_sponsor_sponsorship_scope":"","newspack_sponsor_native_byline_display":"inherit","newspack_sponsor_native_category_display":"inherit","newspack_sponsor_underwriter_style":"inherit","newspack_sponsor_underwriter_placement":"inherit","ep_exclude_from_search":false,"_primary_brand":0,"newspack_featured_image_position":"","newspack_post_subtitle":"","newspack_article_summary_title":"Overview:","newspack_article_summary":"","newspack_hide_updated_date":false,"newspack_show_updated_date":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[8572],"tags":[72,564,4437,3963,338,2380],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-594363","post","type-post","status-publish","format-standard","hentry","category-speed-round","tag-enterpriseam","tag-food","tag-glovo","tag-otlob","tag-retail","tag-speed-round","wpautop","entry"],"acf":{"mongo_id":"f780f4e9-7103-40f6-91a0-fd50391cb131","is_powered_by":true,"section_story_id":"ff3d864b-ec41-4f68-8643-789beb643613","story_type":"1","photo_url":"","photo_position":"above","related_issue":[594352],"teaser":"","voice_url":""},"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v27.1 (Yoast SEO v27.1.1) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>Spain\u2019s Glovo eyes 50% share of Egypt\u2019s online delivery market - EnterpriseAM Egypt<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/enterpriseam.com\/egypt\/2019\/10\/28\/spains-glovo-eyes-50-share-of-egypts-online-delivery-market\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Spain\u2019s Glovo eyes 50% share of Egypt\u2019s online delivery market\" \/>\n<meta property=\"og:description\" content=\"Glovo wants half of Egypt\u2019s delivery market: Delivery app Glovo plans to more than double its share of Egypt\u2019s online delivery market to 50% within 18 months, up from its current 21% share, sales manager Mustafa Kamel told Reuters in an interview. Glovo plans to expand to 16 cities by the end of 2020, and [&hellip;]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/enterpriseam.com\/egypt\/2019\/10\/28\/spains-glovo-eyes-50-share-of-egypts-online-delivery-market\/\" \/>\n<meta property=\"og:site_name\" content=\"EnterpriseAM Egypt\" \/>\n<meta property=\"article:published_time\" content=\"2019-10-28T04:07:21+00:00\" \/>\n<meta name=\"author\" content=\"enterpriseam admin\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"enterpriseam admin\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2019\/10\/28\/spains-glovo-eyes-50-share-of-egypts-online-delivery-market\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2019\/10\/28\/spains-glovo-eyes-50-share-of-egypts-online-delivery-market\/\"},\"author\":{\"name\":\"enterpriseam admin\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d\"},\"headline\":\"Spain\u2019s Glovo eyes 50% share of Egypt\u2019s online delivery market\",\"datePublished\":\"2019-10-28T04:07:21+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2019\/10\/28\/spains-glovo-eyes-50-share-of-egypts-online-delivery-market\/\"},\"wordCount\":135,\"publisher\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#organization\"},\"keywords\":[\"EnterpriseAM\",\"food\",\"Glovo\",\"Otlob\",\"retail\",\"SPEED ROUND\"],\"articleSection\":[\"Speed Round\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2019\/10\/28\/spains-glovo-eyes-50-share-of-egypts-online-delivery-market\/\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/2019\/10\/28\/spains-glovo-eyes-50-share-of-egypts-online-delivery-market\/\",\"name\":\"Spain\u2019s Glovo eyes 50% share of Egypt\u2019s online delivery market - 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A company spokesperson told the tech publisher that the Egyptian market\u2026","rel":"","context":"In &quot;Speed Round&quot;","block_context":{"text":"Speed Round","link":"https:\/\/enterpriseam.com\/egypt\/category\/speed-round\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2020\/1\/668.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":597723,"url":"https:\/\/enterpriseam.com\/egypt\/2019\/05\/02\/spanish-home-delivery-startup-glovo-said-to-exit-egypt\/","url_meta":{"origin":594363,"position":1},"title":"Spanish home delivery startup Glovo said to exit Egypt","author":"enterpriseam admin","date":"2 May 2019","format":false,"excerpt":"STARTUP WATCH- Glovo exiting Egypt, Chile following EUR 150 mn funding round: Spanish on-demand delivery startup Glovo has \u201cindefinitely\u201d suspended operations in Egypt and Chile as of Tuesday, Menabytes reports. The move came as the startup secured a EUR 150 mn series D funding round led by Lakestar. According to\u2026","rel":"","context":"In &quot;Speed Round&quot;","block_context":{"text":"Speed Round","link":"https:\/\/enterpriseam.com\/egypt\/category\/speed-round\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":598587,"url":"https:\/\/enterpriseam.com\/egypt\/2019\/05\/29\/eca-calls-foul-on-delivery-hero-glovo-arrangement-orders-glovo-to-come-back-to-egypt\/","url_meta":{"origin":594363,"position":2},"title":"ECA calls foul on Delivery Hero-Glovo \u201carrangement,\u201d orders Glovo to come back to Egypt","author":"enterpriseam admin","date":"29 May 2019","format":false,"excerpt":"ECA calls foul on Delivery Hero-Glovo \u201carrangement,\u201d orders Glovo to come back to Egypt: The Egyptian Competition Authority (ECA) said an \u201carrangement\u201d between Delivery Hero and Glovo to \u201cdivide up\u201d markets\u201d led Glovo to exit Egypt in violation of the competition law, the ECA said in a statement (pdf). The\u2026","rel":"","context":"In &quot;Speed Round&quot;","block_context":{"text":"Speed Round","link":"https:\/\/enterpriseam.com\/egypt\/category\/speed-round\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2019\/5\/239.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":599134,"url":"https:\/\/enterpriseam.com\/egypt\/2019\/06\/19\/glovo-returns-to-egypt-resumes-services-in-cairo\/","url_meta":{"origin":594363,"position":3},"title":"Glovo returns to Egypt, resumes services in Cairo","author":"enterpriseam admin","date":"19 June 2019","format":false,"excerpt":"STARTUP WATCH- Glovo returns to Egypt, resumes services in Cairo: Spanish on-demand delivery startup Glovo has U-turned on its decision to exit Egypt and has relaunched service in parts of Cairo, MenaBytes reports. The company is yet to make a public statement, but the app is reportedly working in some\u2026","rel":"","context":"In &quot;Speed Round&quot;","block_context":{"text":"Speed Round","link":"https:\/\/enterpriseam.com\/egypt\/category\/speed-round\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2019\/5\/239.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":593632,"url":"https:\/\/enterpriseam.com\/egypt\/2019\/10\/03\/spains-glovo-plans-to-invest-eur-5-1-mn-in-egypt-next-year\/","url_meta":{"origin":594363,"position":4},"title":"Spain\u2019s Glovo plans to invest EUR 5.1 mn in Egypt next year","author":"enterpriseam admin","date":"3 October 2019","format":false,"excerpt":"Delivery app Glovo plans to invest EUR 5.1 mn in Egypt next year to expand in cities surrounding Cairo and Alexandria and launch marketing campaigns, co-founder Sacha Michaud told reporters at a press conference yesterday, according to Al Mal. Glovo is also expected to sign contracts with eight hypermarket brands\u2026","rel":"","context":"In &quot;Other Business News of Note&quot;","block_context":{"text":"Other Business News of Note","link":"https:\/\/enterpriseam.com\/egypt\/category\/other-business-news-of-note\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":595672,"url":"https:\/\/enterpriseam.com\/egypt\/2019\/08\/04\/carriage-closes-operations-in-egypt\/","url_meta":{"origin":594363,"position":5},"title":"Carriage closes operations in Egypt","author":"enterpriseam admin","date":"4 August 2019","format":false,"excerpt":"STARTUP WATCH- Food delivery service Carriage closes operations in Egypt: Kuwait-headquartered food delivery company Carriage has shut down operations in Egypt five months after launching, MENAbytes reports. 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