McDonald's Once Accounted for 70% of Glovo's Order Volume in Spain
Oscar Pierre · Oscar Pierre, Glovo CEO & Founder: Selling 30% for €100K |The McDonald's Deal That Saved Them |E1263 · 20VC with Harry Stebbings · Feb 26, 2025 · at 15:55
Oscar Pierre is the founder and CEO of Glovo, a European on-demand delivery company. He reflects on customer concentration risk early in Glovo's partnership with McDonald's.
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“At some point it was very scary because 70% of our volume in Spain was McDonald's, but I was okay because I knew this was just, it was just part of the customer flow.”
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