Glovo is a delivery application. A single application delivers anything to customers like food items, groceries, meat, flowers, alcohol & medicine, and more. Food delivery is the most popular delivery service in the Glovo app.
Establishment Details and Facts About Glovo:
Establishment Details About Glovo:
Brand Name: Glovo
Founder: Oscar Pierre and Sacha Michaud.
Founded in: Barcelona
Headquarter: Spain
Company status: Active
Industries: Delivery
Number of Employees: +10000
Area Served: More than 50 countries globally.
Facts about Glovo:
- The revenue of Glovo is 300million according to statistics
- Based on www.similarweb.com data total visit to glovoapp.com 4.90Millions.
- Glovo takes less than 30 min to deliver your order.
- In the Glovo app, most businesses are local businesses, and 97% of them are small businesses.
Competitors of Glovo:
- Wolt, Deliveroo, Uber Eats are some of the top competitors for Glovo.
- Uber Eats is the first and foremost competitor for Glovo. Uber Eats was founded in 2014 and headquartered in San Francisco, California.
- Uber Eats generates 833% of Glovo’s revenue as per the report.
- Wolt was founded in 2014 and headquartered in Helsinki, Finland.
- Wolt has 12,000 courier partners and 3 million registered users.
- Deliveroo was founded in 2013 and headquartered in London, England.
- Deliveroo works with 30,000 riders across the globe.
The business model for Glovo application:
Key partners.
- Restaurants
- Grocery and other shops.
- Pharmacies.
Key resources.
- Glovo clone platform.
- Server provider.
Key activities.
- Online payment and transfer management.
- Process fee management.
- Delivery fee management.
- Order management.
Value propositions.
- Customers - Cost-effective delivery services.
- Vendors - Online platform to sell products.
- Delivery partners - Earning from working flexible timing.
Channels.
- Website
- App for vendors.
- App for customers(ios, android)
Revenue streams.
- Service fee.
- Advertisement.
- Commissions.
Cost structure.
- Infrastructure maintenance cost.
- Advertisement.
- Delivery partners pay.
How does Glovo clone generate revenue?
The Glovo clone works the same as the Glovo application. Glovo drives revenue by charging a service fee for vendors typically 22-30% of the total value of the product and also a delivery fee for customers who are ordering products from the Glovo app. In Glovo clone it’s all customized. The percentage of service charge and delivery charge are decided based on admin preferences.
Conclusion:
Based on statistics the number of users for online delivery apps is increasing day by day. This pandemic has accelerated online shopping. Now people are comfortable in online shopping without any hesitation. compared to before the pandemic. Now online business delivery is one of the profitable startups. Business with Glovo clone is secured and user-friendly in today’s world.
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