Image via Tech.eu
Glovo: Geographic Expansion
Glovo Ukraine operating as standalone entity across 40 cities with 12,000+ partners (85% SMEs) and 80,000+ couriers since 2018. Ukraine is one of Glovo's top 5 global markets despite wartime operations. Previously served as regional hub for Central Asia/Caucasus expansion.
Source: Tech.eu
The leadership read
Market entry of this kind typically deepens demand for marketing leadership bench strength in the region over the following 12–18 months.
Market context: Against a Talent Market Index of 98.6 (Neutral) (down 1.4 month-on-month), Asia is at rising (+2.4pts) on signal share.
Glovo: 2 signals in the last 90 days — above the Marketing median of 1 across 24 tracked companies; 0.2% of MitchelLake's Asia signal flow; 2 tracked across 35 days.
Market entry — the MitchelLake playbook
When a company expands into a new market, the first leadership hires decide whether it lands. A selection of market entries we've run:
Market entry · Oceania
Square
Executive Search Fintech
Market entry
Dropbox
Executive Search for SaaS
Market entry · Asia
Deliveroo
Executive Search in ASEAN
Market entry · Oceania
SurveyMonkey
Managing Director APAC (first hire in region) / Country Manager
Market entry · Asia
LivePerson
Director ASEAN (first hire in region); also Head of Presales APAC
Market entry · Oceania
Etsy
Managing Director, Australia + Asia (MD APAC)
MitchelLake in this thematic
From the MitchelLake archive
Also at Glovo →
More signals across Marketing
Geographic Expansion · Americas
Sandbox VR →Sandbox VR signed 10-year lease for NYC flagship location at 761-777 Seventh Avenue in Times Square (10,600 SF). This marks company's entry into New York's VR retail market. Company already operates 35+ global retail and franchise locations.
Geographic Expansion · EMEA
Lovisa Holdings Ltd →Lovisa added 65 stores in FY26 H1 (6.3% growth) with expansion across key markets: Australia, South Africa, UK, Germany, US, Canada. Company identified additional growth markets including China, Vietnam, Spain, Poland. FY26 showed 20%+ revenue and net profit growth with new brand 'Jewells' launching in UK.
Product Launch · Oceania
LMG →LMG is adopting Slack as an enterprise platform to unify company messaging and move away from email-based communication.
Restructuring · EMEA
boohoo group plc →boohoo group plc has sublet its 1.1M sq ft US distribution centre in Elizabethtown, Pennsylvania to ID Logistics, mitigating ~$100m in future lease liabilities. The facility was operational for only 15 months before closure in November 2024. CEO Dan Finley has prioritized transitioning to an asset-light operating model as part of turnaround strategy.
Partnership · EMEA
GSMA →GSMA launched the Fusion initiative with aviation, security and connectivity partners (Ericsson, Nokia, Viasat, NextNav, UK National Cyber Security Centre) to establish industry standards for drone identification, tracking and airspace safety. Group published Joint Requirements Statement for mobile network integration in drone operations.
Ma Activity · EMEA
TrueLayer →TrueLayer acquired buy-now-pay-later (BNPL) provider In3 last week, expanding into the credit space as part of a coordinated strategic push to position European bank-to-bank rails against US card networks.
Intelligence powered by Autonodal ↗