Glovo vs Tesco

Glovo Startup Campus Showcases €461M Alumni Startup Value

Glovo's fourth annual Startup Campus in Barcelona highlighted its role as a founder factory, with research showing former employees have launched 35 startups valued at €461 million. The event, part of Delivery Hero's broader ecosystem, featured 19 startups, mentoring, and a pitch competition won by Romanian assistive tech startup .lumen. Delivery Hero's report, compiled with Dealroom.co, identifies 150 startups from its European brands worth €7.5 billion, making it Europe's largest founder factory. Participants included startups in AI, e-commerce, logistics, fintech, and sustainability, with top winners receiving continued mentorship from Glovo co-founder Sacha Michaud.

• Former Glovo employees founded 35 startups with a combined estimated value of €461 million.
• Delivery Hero and Dealroom.co report identifies 150 startups founded by alumni of Delivery Hero's European brands, collectively valued at €7.5 billion.
• Glovo's fourth annual Startup Campus took place in Barcelona, featuring 19 startups and 33 founders.

Delivery Hero Hits Billion Orders, Raises Outlook

Delivery Hero reported Q3 2026 results, surpassing one billion orders for the first time, with GMV up 13.6% to €13.9 billion and revenue up 22% to €4.3 billion. The company raised its full-year guidance, expecting GMV growth of 10-12%, revenue growth of 18-20%, and adjusted EBITDA of €980 million to €1.02 billion. Quick commerce grew 39% and now represents 19% of total GMV, driven by expansion of its Dmart network. Subscribers generated 51% of GMV, up 13 percentage points year-over-year. The company also refinanced a $1.332 billion loan with improved terms. Uber's acquisition offer of €41.50 per share remains open until November 5, 2026, with closing expected in H2 2027, pending regulatory approvals. The sale of foodpanda Taiwan to Grab was rejected by Taiwan's competition authority.

• Delivery Hero surpassed 1 billion orders in Q3 2026, up 11.5% year-over-year.
• Revenue grew 22% to €4.3 billion; GMV grew 13.6% to €13.9 billion.
• Quick commerce GMV grew 39%, driven by an expanded network of ~900 Dmarts.

Delivery Hero Raises 2026 Guidance After Strong H1

Delivery Hero raised its full-year 2026 guidance after a stronger-than-expected first half driven by accelerating growth, improved profitability and quick‑commerce expansion. In Q2 GMV on a like‑for‑like basis rose 11.3% to €13.2bn, revenue increased 17.7% to €4.0bn and orders reached 981 million (+11%). Adjusted EBITDA for H1 was €427m and free cash flow improved from -€8m to €348m. Quick‑commerce GMV grew 32% and now represents 18.3% of group volume; orders from small fast‑fulfilment “Dmarts” rose 39%. The company is investing in AI — launching an AI assistant used by over 40,000 merchant partners (average order uplift ~15%) and operating an internal AI agent called “Herogen.” Regional GMV growth was broad‑based, and the previously announced €41.50-per-share takeover offer from Uber remains pending regulatory approval, with an expected close in H2 2027.

• Delivery Hero raised its full‑year 2026 guidance after a strong first half.
• Q2 2026 like‑for‑like GMV rose 11.3% to €13.2 billion; revenue increased 17.7% to €4.0 billion and orders rose 11% to 981 million.
• Adjusted EBITDA for H1 2026 was €427 million; free cash flow improved from -€8 million to €348 million year‑on‑year.

Tesco to sell Czech Republic & Slovakia businesses

Tesco announces the sale of its Czech Republic and Slovakia businesses, a major corporate divestiture.

Tesco Plans Creator Content on 3,800 In-Store Screens

Tesco announced plans to run creator content across its 3,800 in-store screens, including 2,800 in Express stores, as part of its retail media strategy. The move follows Tesco's Upfront event on October 8, where it highlighted its Intelligent Store Orchestration technology, which enables dynamic ad campaigns tailored by store, time, and other contextual signals. A pilot with Costa in January reportedly drove a 47% uplift among new-to-product customers. The article discusses the potential of extending influencer campaigns into digital out-of-home, emphasizing the need for context-appropriate content for quick shopping trips. It also notes the challenges of measuring success without traditional click-based attribution and the importance of proving in-store media's value.

• Tesco plans to show creator content on 3,800 in-store screens, including 2,800 in Express stores.
• Tesco held an Upfront event on October 8 to present its retail media proposition.
• Tesco's Intelligent Store Orchestration enables dynamic campaign adjustments by store, time, stock, promotions, weather, and local events.

Taboola: Tesco Clubcard Readership Surges 1,876%

Taboola's Newsroom data shows UK readership of Tesco Clubcard articles rose 1,876% in the most recent 30-day period versus the prior 30 days, generating more than 335,000 page views across Taboola's UK publisher network (up from ~17,000). The surge is attributed primarily to the impending expiry of £11 million in Clubcard vouchers, which publishers warned would become invalid after 11:59pm on 31 August. Additional drivers cited include the return of Clubcard Challenges, Tesco’s "Know What You’re Sitting On" campaign and promotional activity such as the OVO Clubcard Millionaire prize draw. Taboola communications lead Dave Struzzi commented on publishers' role and the attention the Clubcard brand is generating for Tesco.

• UK readership of Tesco Clubcard articles increased by 1,876% over the last 30 days versus the preceding 30 days.
• Taboola’s Newsroom recorded more than 335,000 page views for Clubcard-related articles across its UK publisher network, up from approximately 17,000 in the previous 30 days.
• The surge was driven by the approaching expiry of £11 million worth of Tesco Clubcard vouchers, which were reported to become invalid after 11:59pm on 31 August.