E-commerce and delivery platform, Glovo, is shutting down operations in Ghana from May 10, 2024.
Although an official notice has not been issued by the company, it announced its exit plans to vendors on the platform.
“Glovo has made the difficult decision to close our Ghana operations. This means that as of May 10, 10:00 pm, our customer app will no longer be available for placing orders,” the company said in its message, citing profitability issues.
Given the collapse of the Ghana office, job losses would eventually follow, although it’s yet unclear how many people were employed at its Ghana office since it launched operations about three years ago.
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The company said they are redirecting investment resources to 23 other countries. Aside from Ghana, the Glovo app operates in six other African countries including Morocco, Uganda, Kenya, Côte d’Ivoire and Nigeria.
In 2021, the company reported that its investment in the region was worth a combined total of $30M.
Glovo is shutting down its Ghana operations.
Customers will no longer be able to place orders with the app on May 10th at 10pm. pic.twitter.com/asK2WG4XP5
— CediRates (@CediRates) April 29, 2024
