Hugo’s home delivery service will cease operations in El Salvador on January 10, completing a merger with Pedidos Ya!, whose parent company Delivery Hero acquired the Group’s food and grocery delivery division in October 2021 .
Hugo informed the culmination of his operation through a statement sent by an affiliated company. “I will unavoidably terminate the consignment contract.” What they have maintained with local businesses.
Owned by the German group Delivery Hero, “by Pedidos Ya!, the operation will resume later in the day.” Headquartered in Berlin, its platform operates in 70 countries across Asia, Europe, Latin America, the Middle East and Africa.
Grupo Hugo thanked the company for “having accompanied us throughout the last five years in developing Hugo and making history in Central America.”
German group Delivery Hero is looking to expand its business in Central America and Jamaica. Hugo Technologies, a company founded in 2017 by three Salvadorans. Delivery Hero acquired Hugo for $150 million.
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