because Rakuten is one of the biggest or the biggest owner of Glovo
It also speaks to the company’s commitment to the Egyptian market, which is among the biggest in the Middle East – and it’s not just about supply and demand, as Rodrigo Alier, Regional General Manager EEMEA, explains.
“Glovo is also the first to enable couriers to use bicycles in the delivery market as part of our global eco-friendly strategy.” And so beyond the physical service that it provides for users, Glovo’s approach, strategy and philosophy is just as key.
"Since we started our operations in Egypt, we’ve been able to reach more than 1 million customers through our application,” Alier continues. “As for the next quarter, Glovo is planning to invest heavily in growth activities and expand significantly to reach two new zones inside Cairo and two new cities outside Cairo next quarter, after a long study for high demand areas.”
“Our sales and customer base increased by 35%, and 8-10% on average every month, respectively. During this period, we have been able to collaborate with many distinctive partners to reach 1000+ partners working in the food and non-food sectors locally and internationally. Through this fruitful cooperation, we have succeeded in increasing sales and additional revenue for all partners by 25- 50%.”
Throw in the fact that Glovo has, to date, provided some 5,000 job opportunities in its short but impactful 18 month stint in Egypt and its projection to hit 6,000 more by the end of 2020 and you have the kind of scenario that is so rare today – everyone’s a winner.
https://www.cairoscene.com/LifeStyle/...is-Changing-the-Game-in-Egypt |