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Glovo, Spain and Delivery Hero
Delivery Hero Shares Slump on Profit Hit From Move to Employment-Based Model for Delivery Riders in Spain
Shares in Delivery Hero plunged after the company said its Spanish subsidiary would implement an employment-based model in the country, a move expected to hit profits by around $106 million in fiscal 2025.
Delivery Hero says Glovo riders in Spain to become employees
Spain fined Glovo 79 million euros in 2022 for failing to contribute to social security and make other payments from 2018 to 2021 as it did not hire its delivery riders under formal contracts. Get the latest news and expert analysis about the state of the global economy with the Reuters Econ World newsletter. Sign up here.
Drivers for Spanish food delivery app Glovo will become full-time employees
Thousands of delivery drivers in Spain working for the food delivery app Glovo will soon be full employees after the company announced Monday that it was moving to an employment-based model.
Delivery Hero: Glovo to Move to Employment Based Model for Delivery Riders in Spain
Dow Jones Newswires is a market-moving financial and business news source, used by wealth managers, institutional investors and fintech platforms around the world to identify trading and investing opportunities, strengthen advisor-client relationships and build investor experiences. Learn More. Back To Top
Delivery firm Glovo riders in Spain to become employees
App-based food delivery firm Glovo's freelance riders in Spain will be hired as employees following pressure from the government to give them labour contracts, its German owners Delivery Hero said
Glovo riders to become employees in Spain
App-based food delivery firm Glovo’s freelance riders in Spain will be hired as employees following pressure from the government to give them labour contracts, its German owners Delivery Hero said Monday.
3h
Beware of delivery scam texts
Holiday deliveries are kicking off into high gear, but consumer advocates are warning about scam texts pretending to announce ...
10h
Swiggy scales 10-minute food delivery to 400 cities in quick-commerce push
Swiggy, a leading food delivery and quick-commerce app in India, said on Monday that it has expanded its 10-minute food ...
1h
Food delivery driver carjacked; phone destroyed by armed cohorts: Police
ST. LOUIS – A food delivery driver lost his vehicle and his phone in an armed carjacking on Sunday. According to a St. Louis ...
WCPO Cincinnati
1h
Porch pirates steal man's $300 delivery, how to protect yourself
As we wait for those holiday season deliveries, porch pirates are on the prowl. We speak with Amazon about how to protect ...
9h
on MSN
In NC, North America’s largest research park finally has mail delivery. It’s 2024.
After years of battling the U.S. Postal Service, Research Triangle Park’s 375 businesses can finally have their mail ...
10h
on MSN
Chinese automakers BYD, Leapmotor and Xiaomi smash annual delivery targets ahead of schedule
The Chinese automakers have raced past their annual delivery targets a month ahead of schedule, underscoring their rapid ...
LAist on MSN
55m
Amazon delivery model
Why does it matter: These union efforts are setting up a larger legal battle: Amazon says the drivers are not their employees ...
8h
Stocks to Watch Monday: Stellantis, Delivery Hero, Volkswagen
Shares in the carmaker, which makes Chryslers and Jeeps, tumbled over 8% in Milan after Chief Executive Carlos Tavares [stepped down]( ...
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