article thumbnail

Spotify u-turns on Uruguay exit after government gives assurances on artist payments

TechCrunch

Spotify has reversed course on a decision to exit the Uruguayan market, after gaining assurances from the government that copyright law changes it’s introducing won’t result in Spotify incurring extra costs. For those not following all the goings-ons in Uruguay’s music-streaming scene, the saga unfolded something like this.

Uruguay 104
article thumbnail

Understanding Income Inequality

Beneblog: Technology Meets Society

I asked her what kind of insights could be gleaned by an anti-poverty group, say in Uruguay (to pick one country out of 50), accessing the LIS. She suggested: In Uruguay: What is the poverty rate among individuals and households (using any of a number of poverty lines – absolute or relative, national or regional)? Which are widespread?

Uruguay 100
professionals

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Founded by ex-dLocal and AstroPay execs, Datanomik is bringing open banking to LatAm

TechCrunch

Cross-border payments platform dLocal is one of the most notable Latin American startups in recent history — the company became Uruguay’s first unicorn in 2020 and went public on the Nasdaq in 2021. The financing marks a16z’s first investment in Uruguay, and one of its biggest seed rounds in Latin America.

Uruguay 78
article thumbnail

clicOH’s shipping technology provides Amazon-like logistics to e-commerce companies in LatAm

TechCrunch

E-commerce is an $85 billion business in Latin America, and as that market is poised to essentially double in three years , the current consumer demands to receive orders on time and packaged correctly will only increase. A year ago, the company had 40 employees, and that has now grown to 175.

article thumbnail

Facebook’s TikTok clone Lasso will shut down this month

The Verge

Lasso was only ever available in select markets worldwide. TechCrunch reports that as well as being available in the US, the app was also available in Colombia, Mexico, Argentina, Chile, Peru, Panama, Costa Rica, El Salvador, Ecuador, and Uruguay as of February. Thankfully it’s letting me save my videos.

article thumbnail

Foreign investors have a bigger role to play in growing Latin America’s startup ecosystem

TechCrunch

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. This is not very different from the timeline of businesses in other markets such as the United States.

Roles 96
article thumbnail

Nowports raises $16M to build the OS for LatAm’s shipping industry

TechCrunch

The company currently has offices in Mexico, Chile, Colombia, and Uruguay. To familiarize himself with the market for which he’d be developing a technology, Casal worked with a freight forwarder in Kansas City that had been operating for more than 30 years. Our 2021 goal is 400% to 600%,” de los Rios told TechCrunch.