Posted inCosta Rica

Rise of the challenger apps. OMNi to take on super-app Rappi

Contxto – OMNi is a Costa Rican startup that operates in Central America and the Caribbean. It claims to have developed the first super-app in the region, offering e-bike sharing services, a neobank, and soon ride-hailing and digital payment solutions.  In correspondence with Contxto, David Luza Echeverría, Executive Assistant at OMNi, said he believes that […]

Posted inArgentina, Government, News, Scaleups

Argentina fines Rappi, Glovo, and PedidosYa for cheating users in the small print

Contxto – If you’re one of those (weird) people that do not read terms and conditions for fun turn away now! There’s something you might want to know about your last-mile delivery choices. According to recent reports, Argentina’s Undersecretariat of Actions for Customer Defense called out Rappi, Glovo and PedidosYa for supposedly abusive and unconstitutional […]

Posted inChampions, Colombia, News, Sponsored

What makes a delivery app like Rappi successful in Latin America?

Contxto – The Colombian delivery app, Rappi, is making headlines for many reasons. Whether because it raised US$1 billion in funding from SoftBank or because of their booming footprint, this on-demand delivery platform is setting an example for a new generation of entrepreneurs. Undoubtedly, Rappi has taken Latin America by storm. It is a very common sight […]

Posted inColombia, Government, News, Scaleups

Delivery apps of Colombia unite! Competing last-mile and mobility apps unionize

Contxto – Death and trastes (dirty dishes) seem to be the only certainties in life during the Covid-19 pandemic. Everyone is looking to keep afloat as best they can, but where there is a struggle to survive there are clashes between competing interests. Related article: Cornershop and to clash with Rappi for Colombia What […]

Posted inAcquisition, Brazil, Colombia, M&A, Mexico, News, Scaleups, Startups

Grow’s woes: Mobility app officially announces acquisition talks

Contxto –  It’s official, Grow Mobility—Mexican-Brazilian micro-mobility scaleup—is in talks to be acquired by an undisclosed buyer. This is the first internally confirmed instance of “ongoing conversations with an acquirer,” Head of Communications at Grow, Beriana Mendoza, acknowledged in conversation with Contxto. This comes on the heels of today’s announcement that Rappi—the Colombian soon-to-be super-app—removed […]