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PicPay expands its marketplace in Brazil, aiming to consolidate as a leader in sales and customer engagement

PicPay broadens its Brazil marketplace, targeting leadership in sales and deepening customer engagement.

August 15, 2023

Flapz to launch private flights marketplace in Chile and Mexico

Contxto – Private jet marketplace Flapz wants to spread its wings into new countries.  Five entrepreneurs launched the startup in...

September 28, 2020

iFood acquires SiteMercado as e-grocery competition intensifies

Contxto – Delivery de Mercado—iFood’s marketplace of restaurants and supermarkets—grew 240 percent last August when compared to March of this...

September 18, 2020

Flapper to scale marketplace for private flights in more of Latin America

Contxto – While many commercial airlines around the world are filing for bankruptcy, Brazilian Flapper and its marketplace of executive...

September 9, 2020

Brazil’s Magazine Luiza to compete with Amazon and Mercado Libre for ad revenue

Contxto – One Brazilian company is venturing into new territory. Last Thursday (6), Magazine Luiza—a major Brazilian retailer—bought Canaltech (a...

August 10, 2020

Oico raises US$1.5 million to rebuild construction materials market, enters Y Combinator

Contxto – Where there’s a disjointed industry, there’s a business opportunity. And for Brazilian entrepreneurs, Pedro Dellagnelo and Pedro Rocha,...

August 7, 2020

Mercado Libre, now Latam’s most valuable company, reaches US$60B market cap. Opportunity or overhype?

Contxto – If you think either Petrobras, América Móvil, or even Walmex is Latin America’s largest company, think again, my...

August 6, 2020

Mercado Libre to disperse US$27.1 million for new distribution hub in Mexico

Contxto – Latin America’s biggest marketplace continues to lay down its logistics infrastructure. It was recently unveiled that Mercado Libre...

July 28, 2020

Healthtech iClinic closes Series B with SoftBank to scale SaaS solutions

Contxto – Looking out for the little guy has brought a big investor to a Brazilian healthtech’s table. Yesterday (23),...

July 24, 2020

Picap is taking logistics in Latam to the next level with latest development

Contxto – Thanks to the coronavirus pandemic, ride-hailing platforms like Uber and Didi are practically at a standstill. Meanwhile, last-mile...

July 10, 2020