Supply Hero will purchase a ~39.4% majority stake in Spanish supply app Glovo, valuing Glovo at €2.3B (Sabahatjahan Contractor/Reuters)

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Sabahatjahan Contractor / Reuters:

Supply Hero will purchase a ~39.4% majority stake in Spanish supply app Glovo, valuing Glovo at €2.3B  —  German meals supply group Supply Hero (DHER.DE) mentioned on Friday it had signed an settlement to accumulate a couple of 39.4% stake in Spanish supply app Glovo.

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