Deloitte 'pulls Glovo's ears' for the provision of the bonus to leadership and squad (Glovo amarra el bonus de su cúpula pero se niega a cubrir la deuda con los riders)
Deloitte, the auditor of Glovo, has demanded more information from Glovo on the way in which the bonus to the top management and part of the staff is provisioned. Glovo has set aside €3.4 million in the accounts, but has not made any updated estimate. Meanwhile, the company has confirmed a loss of almost €200 million in 2019 while has assured that it has alternative measures to adapt its business model and guarantee future viability if it has to employ its delivery couriers. Deloitte has warned of the decision not to provision the almost €14 million euros owed to the Social Security at the beginning of 2020, the closing date of the accounts.
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