Delivery Hero will acquire a ~39.4% majority stake in Spanish delivery app Glovo, valuing Glovo at €2.3B (Sabahatjahan Contractor/Reuters)

Sabahatjahan Contractor / Reuters:Delivery Hero will acquire a ~39.4% majority stake in Spanish delivery app Glovo, valuing Glovo at €2.3B  —  German food delivery group Delivery Hero (DHER.DE) said on Friday it had signed an agreement to acquire about a 39.4% stake in Spanish delivery app Glovo.

Delivery Hero will acquire a ~39.4% majority stake in Spanish delivery app Glovo, valuing Glovo at €2.3B (Sabahatjahan Contractor/Reuters)

Sabahatjahan Contractor / Reuters:
Delivery Hero will acquire a ~39.4% majority stake in Spanish delivery app Glovo, valuing Glovo at €2.3B  —  German food delivery group Delivery Hero (DHER.DE) said on Friday it had signed an agreement to acquire about a 39.4% stake in Spanish delivery app Glovo.