Fines to Glovo Generate "Significant" Doubts About Its Continuity in Spain, According to Its Matrix
Summary by Noticias De Navarra
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5 Articles

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The German company Delivery Hero, owner of Glovo, has re-emphasized in its economic report of the first semester that the fines and penalties on the Spanish delivery company generate a "significant uncertainty" about its continuity in the country.
In this report, the group has reported that it could face sanctions in Spain of between 520 million and 860 million euros (social security charges, surcharges for late payments or VAT claims), resulting from its adaptation to the Rider law. "If these risks materialize integrally, these payments could not be covered within its operational activities without the additional financial support of Delivery Hero," he said. The so-called "Rider Law" cam…
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