European food ordering and delivery giant Just Eat Takeaway has revealed that it’s selling its stake in Brazil’s iFood for up to €1.8 billion ($1.8 billion) to Prosus. The initial deal
The company is targeting the region's challenges of customer acceptance, conversion and fraud with its "Commerce 3.0" payment infrastructure.
WhatsApp is continuing its push into the business market with today’s news it’s launching the WhatsApp Cloud API to all businesses worldwide. Introduced into beta testing last November, th
Now flush with new capital, the company plans to launch some embedded financial products for the independent workers using its marketplace.
Venture capital continues to flow into Latin America at a staggering rate. Just over $15 billion went into startups in 2021, according to LAVCA. That was three times more than the association recorded
As food operators themselves, ZAK founders saw first-hand last year the toll it was taking on restaurants that needed to quickly reinvent themselves during the pandemic.
WhatsApp will today begin beta testing a new, cloud-based version of its WhatsApp Business API, hosted on parent company Facebook’s infrastructure. With the shift to the cloud, the setup time fo
Online fraud and identity theft is a global problem that has only been exacerbated with increased online transactions amid the COVID-19 pandemic. In particular, it is estimated that Brazilian companie
Here in the U.S. the concept of using a driver’s data to decide the cost of auto insurance premiums is not a new one. But in markets like Brazil, the idea is still considered relatively novel. A new
The Brazilian-based pan-Latin American food delivery startup iFood has announced a series of initiatives designed to reduce the company’s environmental impact as consumers push companies to focu
Sophia Wood Contributor Share on X Sophia Wood is a Venture Partner at Magma Partners. Sophia is also the co-founder of LatAm List, an English-language Latin American tech news source. More posts by t
Latin America’s leading legacy food delivery company iFood and Delivery Hero-owned Domicilios.com are merging in a bid to take on the food startup Rappi on its home turf. The price of the transactio
As the world locks down borders and capital flows to brace for the impact of coronavirus, Brazilian startups continue to attract international attention.
Despite not being Brazilian and having their first exposure to the country only a few years ago, the two co-founders of Escale have managed to raise $22.6 million for their company, which provides cus
Brazil’s macroeconomic picture may be gloomy, but technology investors still see hope in the nation’s burgeoning technology sector — and a recent $124 million financing for the mobil
By 2020, Brazilian mobile giant, Movile, wants to improve the lives of more than one billion people through its apps.
“Silicon Valley is a state of mind,” said Ambassador Pedro Borio, Consulate General of Brazil in San Francisco, during a recent address at the annual BayBrazil Conference. Borio spoke of the major
You can scratch what you heard just a few months ago about the end of SpoonRocket because its new owner, Brazil-based iFood, is bringing it back. Well, sort of. SpoonRocket, the on-demand meal delive
The Brazilian on-demand food delivery company, iFood has picked up $30 million in new financing to expand regionally and solidify its grip over the online food delivery market outside of the US.
There are numerous daily tasks that can be solved with ease in the U.S. In comparison, the lack of training, standardization and process in Brazil creates chronic inefficiencies in the service sector