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The Sifted Podcast — Raids and possible cartels: Inside the latest Glovo drama

Klarna's big valuation slash, Glovo raids and the latest with elite events company, Pollen. This week's episode is full of juicy stuff!

By The Sifted Podcast Team

Listen to The Sifted Podcast on Apple, Spotify and all major platforms.

This week on the podcast, Amy and Eleanor are finally back in the studio together!

First, we discuss Klarna’s fall from grace… or rather, how the BNPL giant went from Europe’s most valuable startup at a $46bn valuation to shrink that to (a still not too shabby) $6.7bn.

We also talk about the latest in big layoffs — virtual event platform Hopin has let a further 29% of its workforce go this month, and healthtech app Babylon is planning on cutting 100 jobs.

Next, we discuss the latest Glovo drama. The European Commission has raided the company’s Spanish offices and its new majority shareholder Delivery Hero amid concerns that the two companies may have operated in a cartel. 

Finally, we check in on the latest with Pollen — the elite events company that’s being accused of missing payroll and not refunding customers.

Listen to The Sifted Podcast on Apple, Spotify and all major platforms.