KYIV, Oct 26 – The Glovo delivery service in Ukraine has reached breakeven considering the large investments in the growth and development of the company, General Manager of the company Dmytro Rasnovsky has said.

"Now our income minus all costs is a little more than zero, because we are intentionally reinvesting in growth. On the one hand, our unit economy is healthy, and we could, in theory, earn more if we wanted to. But on the other hand, we actively invest in our partners and we reinvest everything that we have. Therefore, we have negative EBITDA," he said at a briefing in Kyiv last week.