Spanish delivery app Glovo raises $121M from Swiss real estate firm Stoneweg to build out delivery-only convenience stores for sub-30 minute delivery times (Macarena Munoz Montijano/Bloomberg)

glovo swiss stonewegmunoz montijanobloomberg, Macarena Munoz Montijano / Bloomberg:Spanish delivery app Glovo raises $121M from Swiss real estate firm Stoneweg to build out delivery-only convenience stores for sub-30 minute delivery times- Stoneweg will build, refurbish property to help Glovo expandGlovo’s orders for convenience items have surged 300%