Nov. 23, 2021

Sacha Michaud, Co-founder of Glovo on Q-Commerce, Profitability and How to Stay Focused in a Hyper Competitive Environment

Sacha Michaud, Co-founder of Glovo on Q-Commerce, Profitability and How to Stay Focused in a Hyper Competitive Environment

My guest today is the co-founder of Glovo, Sacha Michaud. Glovo, a “q-commerce company”, was founded in 2015 in Barcelona and since then has grown rapidly delivering over 100M+ annual orders and operating in 23 countries. The q-commerce segment has seen


  • [2:10] - What was the initial concept with which you started Glovo?
  • [7:44] - How has the tapering down of the pandemic affected your business?
  • [10:17] - How do you deliver groceries in 10 minutes?  
  • [17:36] - How profitable is your q-commerce business?
  • [20:50] - How do you build loyalty in this business?
  • [23:23] - What is justifying the huge amounts of capital being invested in this space?  What will determine who wins in this market?
  • [25:49] - How do you as a management team and company keep your focus in this hyper-competitive market which has a lot of movement?
  • [33:21] - What are some mistakes you made in building Glovo and what did you learn from it?


Links

Glovo