About Lola Market
Lola Market is a company based in Madrid (Spain) founded in 2015 was acquired by Glovo in September 2021.. Lola Market has completed 1 acquisition, including Comprea. Lola Market operates in a competitive market with competitors including Glovo, Rohlik Group, Getir, Gorillas and DIA, among others.
- Headquarter Madrid, Spain
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Sectors
Retail
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Email
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Phone
*********
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Website
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Social
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Funding Insights of Lola Market
- Total Funding Total Funding
- Total Rounds 1
- Last Round Last Round
- First Round First Round
- Investors Count Investors Count
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| May, 2018 | Amount | Seed - Lola Market | Valuation |
investors |
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| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Lola Market
Lola Market has secured backing from 1 investor, including institutional investors. Prominent investors backing the company include Glovo. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Online marketplace offering multi-category grocery products
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Lola Market
Lola Market has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include Comprea. These strategic investments and acquisitions demonstrate the company's commitment to growth through portfolio expansion, market consolidation, technology integration, and strategic partnerships that enhance competitive positioning and drive long-term value creation.
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Grocery delivery is provided via local store partnerships in Spain.
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2015 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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OVO is recognized as a smart digital payment application.
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2017 | ||||
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Bionic investment advisor platform
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 |
Financial Statements - Lola Market
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Lola Market Comparisons
Competitors of Lola Market
Lola Market operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Glovo, Rohlik Group, Getir, Gorillas and DIA, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Online marketplace offering multi-category grocery products
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| domain | founded_year | HQ Location |
Online grocery and essentials are retailed via a digital platform.
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| domain | founded_year | HQ Location |
Multi-category grocery products are delivered via a mobile app platform.
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| domain | founded_year | HQ Location |
Multi-category grocery products are delivered rapidly via an online platform.
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| domain | founded_year | HQ Location |
Multi-category grocery products are sold via an online platform.
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| domain | founded_year | HQ Location |
Grocery products are retailed online by Ulabox across Spain.
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| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Lola Market
Frequently Asked Questions about Lola Market
When was Lola Market founded?
Lola Market was founded in 2015 and raised its 1st funding round 3 years after it was founded.
Where is Lola Market located?
Lola Market is headquartered in Madrid, Spain. It is registered at Madrid, Madrid, Spain.
What does Lola Market do?
Founded in 2015, Lola Market is operated as an online grocery marketplace in Madrid, Spain. Partnerships are maintained with supermarkets such as Mercadona, Caprabo, and Dia. Users enter zip codes to view nearby options, select stores, and place orders. Products are purchased by the companys delivery team and brought to customers within one hour. Services are currently available in central Madrid, with expansion planned across Spain.
Who are the top competitors of Lola Market?
Lola Market's top competitors include Glovo, Rohlik Group and Getir.
How many acquisitions has Lola Market made?
Lola Market has made 1 acquisition, including Comprea.
Who are Lola Market's investors?
Lola Market has 1 investor. Key investors include Glovo.
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