Glovo has invested more than N54 billion in Nigeria since launching operations in the country in 2021, reaffirming its commitment to the Nigerian market.
The multi-category technology company said it would continue supporting customers, business partners and riders while contributing to the growth of Nigeria’s digital commerce ecosystem.
Glovo said its platform has facilitated the delivery of more than 40 million items to customers across Nigeria, while the economic value generated for businesses using the platform more than doubled in the past year.
According to the company, Nigeria is its fastest-growing market globally in 2026 and is one of its 21 markets worldwide.
The company also highlighted its support for local businesses through the Glovo Academy, which has conducted more than 50 in-person training sessions for hundreds of small and medium-sized businesses, with participating businesses recording improved performance.
Earlier this year, Glovo hosted its second annual Future of Commerce Summit, bringing together executives from brands including Chicken Republic, Burger King and The Place, alongside hundreds of local restaurant businesses.
Speaking on the company’s outlook for Nigeria, Glovo’s Director for Africa, Dima Rasnovsky, said the company remained confident in the country’s long-term economic and digital potential.
“Our confidence in Nigeria remains strong. We have invested significantly in the market because we believe in its potential and the opportunities that technology can unlock for businesses and customers,” Rasnovsky said.
He added that Glovo’s strategy would focus on strengthening its technology, supporting businesses on its platform and creating sustainable value across the digital commerce ecosystem.
Rasnovsky also said the company remained focused on creating earning opportunities for thousands of couriers using its platform.
“As the market continues to evolve, our focus is on strengthening our ecosystem and ensuring that we continue to create meaningful value for everyone who relies on our platform,” he said.