The funds were allocated for the company’s operational activities in the Ukrainian market, its infrastructure, and marketing.
Glovo co-founder Sasha Misho said that despite the war, Glovo’s Ukrainian office increased sales and the number of orders and improved their delivery time. In several cities the volume of orders even increased by two or three times compared to the pre-war level. In particular, in Khmelnytskyi orders increased by 318%, in Vinnytsia by almost 300%, in Ternopil by 275%, in Rivne, Ivano-Frankivsk, and Lutsk by nearly 250%, in Chernivtsi – by 200%.
Measured by the number of orders, the Ukrainian office is the fifth largest among the 25 countries where the service operates. When the war began in Ukraine, the Glovo service stopped all Ukrainian market operations but resumed them in March.
