Posted inCentral America

Delivery Hero buys Glovo ops in Latin America for up to US$272 million

Contxto – Spanish food delivery platform Glovo is tapping out of many parts in search of profitability, including Latin America. Yesterday (16), news broke that Berlin-based Delivery Hero bought Glovo’s operations in Latam a deal for up to €230 million (~US$272 million). As a result, the German company will strengthen its presence in Panama, Costa […]

Posted inCentral America

Hugo pilots drone deliveries and launches delivery-only grocery store

Contxto – Salvadoran Hugo has been very busy throughout 2020. Last we wrote about the delivery startup, it closed its Series A and launched Hugo Ventures to invest in tech startups—particularly for those from the Central American region. More recently, it’s been pilot testing drones to complement its logistics operations and it launched hugoMarket, an […]

Posted inBolivia

Delivery startup Yaigo enters Guatemala (and in the nick of time too)

[wd_hustle id=”InArticleOptin” type=”embedded”/] Contxto – The pandemic is putting a damper on many businesses’ expansion plans. But Bolivian delivery startup Yaigo entered Guatemala just in time. As of March 10, its delivery staff can be found zipping consumer goods here and there to users in this Central American country. And its timing is just right, […]