Glovo's Oscar Pierre on the gig economy and building scaleups in Southern Europe
Listen now
Description
Oscar Pierre is one of, if not the, best-known entrepreneurs in Spain. His delivery company Glovo — which was bought by its bigger, listed competitor Delivery Hero in 2022 — is one of the country’s big international success stories, and now Pierre is using his experience (and financial resources) to help Spain’s next generation of entrepreneurs. He’s also still running Glovo, largely independently of its new parent company. The business has 20m customers in 1,500 cities across 26 countries, including Spain, Italy, Ukraine, Kenya, Kyrgyzstan and Kazakhstan — and might consider further expansion soon, Pierre tells Sifted. On its app, you can order everything from a Burger King to groceries to flowers, from both independent high street businesses to big global chains. It’s raised more than €1bn from investors and employs over 4,000 people, while working with around 65,000 riders. On Startup Europe, The Sifted Podcast, editor Amy Lewin asked Pierre about his budding VC career, what’s going on in the southern Europe startup scene, the state of the food delivery market in 2024 — and if he’s thinking about his next move yet.
More Episodes
This month we’re joined by Jeannette zu Fürstenberg, managing director at global VC firm General Catalyst and cofounder of La Famiglia VC — a Berlin-based early-stage investor which merged with General Catalyst last year.Jeannette’s investments include companies like HR platform Deel, logistics...
Published 10/11/24
Avid Larizadeh Duggan, senior managing director at Ontario-HQed growth-stage investor Teachers’ Venture Growth, is one of Europe’s first operator-turned-VCs.Her career in tech began with stints as a product manager at places like eBay and Skype, and has switched between operational and investing...
Published 09/13/24