TechCrunch

APRIL 12, 2023

This is especially true in emerging markets like Latin America, where SMEs comprise 99.5% Zeely’s users are so far spread across the US, UK, and emerging markets such as Brazil and Mexico. In the future, we plan to introduce more affordable pricing plans for the LatAm market. of firms in the region.

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TechCrunch

APRIL 7, 2022

Jüsto , the Mexico City-based online grocer, continues to run on all cylinders with a goal of saturating the Latin American market. Weder planned on using the Series A funding to expand across Mexico and Latin America — a market he told me represents a $600 billion opportunity — and that’s just what the company did.

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TechCrunch

DECEMBER 7, 2021

The remote first company started in 2020 as an online commerce resource for neighborhood markets and grocery stores — most that have never shopped online before — to stock up on products they need, offering competitive pricing and better customer service. million in seed funding to expand across the country.

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TechCrunch

MAY 6, 2021

Tech investments in emerging markets have been in full swing over the past couple of years and their ecosystems have thrived as a result. Some of these markets like Africa, Latin America, and India, have comprehensive reports by publications and firms on trends and investments in their individual regions. Let’s dive in.

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TechCrunch

MARCH 4, 2021

Also participating in the round were Xochi Ventures, First Check Ventures, Magma Capital and GV Angels as well as strategic angels including Rodrigo Xavier (former Bank of America CEO in Brazil), Beth Stelluto (formerly of Schwab), Gustavo Lasala (president and CEO of The People Fund) and Brian Requarth (founder of Viva Real). .

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The Verge

SEPTEMBER 30, 2021

Microsoft is launching its Xbox Cloud Gaming (xCloud) service in Australia, Brazil, Mexico, and Japan. The software giant has been testing streaming Xbox Game Pass Ultimate games in these markets over the past few months, and is now ready to greatly expand the reach of its xCloud technology.

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The Verge

DECEMBER 2, 2020

Spotify says Anchor’s top five markets in 2020, by total number of shows, were the US, Brazil, Indonesia, Mexico, and Great Britain. Meanwhile, the fastest-growing markets, looking at the average monthly increase in new shows, are India, Mexico, Brazil, Argentina, and Indonesia.

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TechNode

FEBRUARY 14, 2025

Chinese automaker Geely is planning to sell its exported vehicles in Brazil using Renaults retail network as early as this year and use the latters plant in the Brazilian city of Curitiba to assemble vehicles, sources told Reuters on Wednesday. Reuters ]

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TechNode

AUGUST 12, 2024

Neta Auto on Aug 9 announced the debut of its three electric vehicle models in Brazil, becoming the first Chinese EV startup to tap into the largest economy in Latin America and sixth largest automotive market in the world. By the end of the year, Neta expects to have 15 dealerships in total. Neta announcement, in Chinese ]

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TechCrunch

NOVEMBER 23, 2020

Since 2007, the number of publicly listed companies in Brazil has decreased from 400 to just a little over 300. public exits per year; by 2019, even Iran had more listed companies than Brazil. Growth versus value: Revert the shrinking market and internet companies. Roaring 20s: New investors and massive portfolio relocations.

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TechCrunch

APRIL 7, 2021

Kavak , the Mexican startup that’s disrupted the used car market in Mexico and Argentina, today announced its Series D of $485 million, which now values the company at $4 billion. We were built to solve emerging market problems,” García said. This round more than triples their previous valuation of $1.15

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TechCrunch

SEPTEMBER 12, 2022

Only 19% of Latin American adults own a credit card, and 70% of credit cards in Brazil, Argentina and Chile can’t be used internationally. market, it might seem impossible for a payment orchestration startup to succeed in the fragmented markets of Latin America.

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TechCrunch

OCTOBER 27, 2021

billion in capital, with investors such as Sequoia Capital, Tencent, Ribbit Capital, Kaszek, QED Investors and others, At that time, Nu had 40 million users across Brazil, Mexico and Colombia. Earlier this month, Business Insider reported that Nubank had turned its first-ever half-year profit in its home market.

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TechCrunch

AUGUST 26, 2021

Alex Tabor, Paul Ascher and Juan Pascual met each other on the engineering team of Peixe Urbano, a company Tabor co-founded and he referred to as a “Groupon for Brazil.” While there, they came up with a way to use A/B testing to create a way of dealing with payments in different markets.

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TechCrunch

AUGUST 3, 2021

InstaCarro , a digital marketplace that connects used car sellers to dealers in Brazil, has raised $23 million in a Series B round of funding. InstaCarro plans to use its new capital in part to capitalize on the shift and “aggressively” expand its reach within Brazil. Notably, U.S.-based to the U.K., Indonesia and Mexico,” Nordin said.

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TechNode

MAY 11, 2024

In addition to the Middle East, the TikTok rival is also eyeing expansion in North Africa and Brazil, where Jin said the company has a great opportunity, with people there sharing similarities with Kuaishous users at home: people love to watch good quality content, engage with each other, and purchase products or services online.

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TechCrunch

MAY 5, 2022

Rali_cap , an early-stage venture capital firm focused on emerging markets fintech, has launched a $30 million fund. while the rest are spread across Africa, Latin America and Southeast Asia, markets where they deployed more than $6 million last year. About 40% are based in the U.S.,

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TechCrunch

JUNE 14, 2021

Brazil is a country riven with economic contradictions. It has one of the largest and most profitable banking industries in Latin America, and is among the world’s most developed financial markets. Financial transactions that would take days to process in the United States through ACH happen instantaneously in Brazil.

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TechCrunch

JUNE 1, 2021

For the consumer market, its “MeuID” app is aimed at users who want to change the way they identify themselves and share their data. Its more than 300 clients include 10 unicorns, two out of the three biggest banks in Brazil and companies such as iFood, Claro, Cielo, Loggi, Ebanx, QuintoAndar and OLX, among others.

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TechCrunch

APRIL 7, 2021

Byju’s plans to expand to international markets in the second half of next month as the Indian edtech giant, valued at more than $13 billion, looks to accelerate its growth, TechCrunch has learned and confirmed. Brazil, Indonesia and Mexico next month and explore other geographies later this year, it told employees in an email.

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TechCrunch

SEPTEMBER 23, 2021

Millions of people in sub-Saharan Africa and emerging markets continue to live without access to electricity. Zola Electric , one such provider, is announcing today that it has closed $90 million in new funding to enter new markets and drive distributed renewable energy. The company has evolved since then. “More than 2.2

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TechCrunch

NOVEMBER 10, 2021

Childhood friends David Grandes and Andres Andrade, both originally from Ecuador, started Mimic in 2018 in Brazil as a dark kitchen-as-a-service, specializing in producing food at scale with online channel sales. We feel ready to go into the mass market,” Grandes, co-founder and co-CEO, told TechCrunch. “We

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TechCrunch

AUGUST 20, 2021

This year, QuintoAndar expanded operations into 14 new cities in Brazil. Eventually, QuintoAndar plans to enter the Mexican market as its first expansion outside of its home country, but it has not yet set a date for that step. As its startup market accelerates, Brazil could be in for an IPO bonanza.

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TechCrunch

NOVEMBER 1, 2020

Based in Tallinn, Estonia, Warren’s self-service distributed cloud platform is gaining traction in Southeast Asia, one of the world’s fastest-growing cloud service markets, and Europe. million seed round led by Passion Capital, with plans to expand in South America, where it recently launched in Brazil. It recently closed a $1.4

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TechCrunch

OCTOBER 15, 2020

Paulo is the co-founder of Vale do Dendê (Dende Valley) and AFAR Ventures , a global diversity and inclusion creative and consulting agency that identifies opportunities for multinational brands, corporations and investors in emerging markets. Over the last five years, Brazil has witnessed a startup boom. Tara Sabre Collier.

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TechCrunch

MARCH 22, 2021

Nuvemshop has seen the number of merchants on its platform surge to nearly 80,000 across Brazil, Argentina and Mexico compared to 20,000 at the start of 2020. But Ethan Choi, a partner at Accel, said his firm saw in Nuvemshop the potential to be the market leader, or the “de facto” e-commerce platform, in Latin America.

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TechCrunch

AUGUST 30, 2021

Petlove&Co, a São Paulo-based digital platform for products and services for the pet market, announced today that it has raised about $150 million (R$750 million) in a funding round led by Riverwood Capital. Currently it is only available in a few cities in Brazil, such as São Paulo and Belo Horizonte. .

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TechCrunch

FEBRUARY 24, 2021

RecargaPay , a Brazil-based fintech that allows users to top off their prepaid cell phones online, announced this morning that they’ve closed their $70 million Series C. The company, which operates solely in Brazil, was launched in 2010 by Miami-based serial entrepreneur Rodrigo Teijeiro, who is co-founder and CEO. . Unlike in the U.S.

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TechCrunch

JULY 22, 2021

Brazil-based Loggi accounts for about 60% of last-mile VC investment in Latin America, but it only operates in Brazil. In these countries, about 60% of the last-mile delivery market is dominated by small, informal companies or independent drivers using their own trucks.

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TechCrunch

MAY 27, 2021

Brazil’s QuintoAndar, which has developed a real estate marketplace focused on rentals and sales, has seen impressive growth in recent years. Ribbit Capital Partner Nick Huber said Quintoandar has over the years built “a unique and trusted brand in Brazil” for those looking for a place to call home.

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TechCrunch

MARCH 7, 2023

Despite the challenging fundraising environment of 2022, we saw more big corporations launching their corporate venture arms in Brazil last year than during the boom years of 2020 and 2021. That said, there aren’t that many CVCs in the Brazilian venture funding market compared to countries like the United States.

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TechCrunch

JULY 28, 2021

Nubank co-founder and CEO David Velez and Cedar co-founder and CEO Florian Otto (and former CEO of Groupon in Brazil) also joined in the round. million to bring healthcare benefits management services to Brazil. Also, the opportunity in Brazil is just so large. “We Pipo Saude had raised $4.6 Pipo Saude raises $4.6

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TechCrunch

AUGUST 20, 2021

“With a hot stock market, mountains of cash and cheap debt floating around, the environment for acquisitions is extremely rich.” Apple is changing Mail Privacy Protection and email marketers must prepare. ” Apple is changing Mail Privacy Protection and email marketers must prepare.

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TechCrunch

AUGUST 24, 2021

The company wasn’t actively in the market, according to CEO and co-founder Igor Senra, but was approached by existing backer Greenoaks and other investors. Last year, Cora got its license approved from the Central Bank of Brazil, making it a 403 bank. What does Brazil’s new receivables regulation mean for fintechs?

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Brazil Global Raise License 96

The Verge

DECEMBER 9, 2020

“In Spring 2021, we will take the next step in our journey to reach more players around the world by making cloud gaming as part of Xbox Game Pass Ultimate available on Windows PCs through the Xbox app and browser, and iOS devices through mobile web browser,” writes Jerret West, Microsoft’s Xbox marketing chief, in the blog post. “By

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TechCrunch

AUGUST 20, 2021

Brazil’s burgeoning startup and exit market: In the wake of Nuvemshop raising a zillion dollars , it was time to sit down and talk about Brazil. Alex and Anna Heim have been rigorous in their reporting on the fascinating exit market. What happens if secondary investors aren’t as into your product as you are?

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TechCrunch

AUGUST 30, 2021

People often ask me: How are consumers different in Brazil? How does the Peruvian market behave compared to the United States? Latin America’s market has evolved over a very long time — as long as Silicon Valley and any other hub. Investors should look for younger markets. investors remain shy.

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