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Report: Uber, Deliveroo in early-stage talks to acquire Spain's Glovo

Uber Technologies Inc. and Deliveroo France SAS have both expressed interest in acquiring Barcelona-based food delivery startup Glovoapp23 SL, Bloomberg News reported Aug. 6, citing people familiar with the matter.

Discussions between the parties are reportedly "on and off" and may not lead to a deal, the sources told Bloomberg, adding that Glovo is not actively looking for a buyer. The Spanish startup had also held early-stage talks with Japanese tech giant SoftBank Group Corp. about a potential stake.

Glovo, which also delivers non-food items on request, was valued at €850 million in its last funding round, according to the report. It could reportedly attempt to go public in 2020.

Uber, Deliveroo and Glovo did not immediately respond to requests for comment from S&P Global Market Intelligence.