Glovo, which counts several corporates as investors, has entered discussions with Uber and Deliveroo over a possible acquisition, while SoftBank could potentially provide equity funding.

Glovo, a Spain-based on-demand delivery service backed by corporates AmRest, Drake, La Caixa, Delivery Hero and Rakuten, has held early discussions about funding and a potential acquisition, Bloomberg reported on Tuesday. Internet and telecommunications group SoftBank has expressed interest in making an equity invetsment in the company, and Glovo has spoken to food delivery platform…

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