banner2
Mercadoni raises $ 9 million Series A from Movile do Brasil - Start Up Gazzete
Get In Touch
541 Melville Ave, Palo Alto, CA 94301,
ask@ohio.clbthemes.com
Ph: +1.831.705.5448
Work Inquiries
work@ohio.clbthemes.com
Ph: +1.831.306.6725

Mercadoni raises $ 9 million Series A from Movile do Brasil

Banner1

Movile, the Brazilian mobile app giant with more than 120 million monthly users, invested $ 9 million in Colombian delivery company Mercadoni. Mercadoni is the 3rd competitor in the highly competitive deliver-anything market, along with Rappi and Cornershop, companies that have raised over $ 200M from each other.

From Pulso Social, who first reported this story in Spanish:

banner4

Just six months after raising $ 6.2M and opening operations in Mexico and Argentina, Colombian online delivery startup Mercadoni raised $ 9M from Movile, which is backed by Naspers.

Naspers, the publicly traded South African company with a market capitalization of more than $ 1.32 trillion, and one of the world’s largest mutual funds, has invested in OLX and Flipkart and more.

“Our new investment round, led by Movile, shows that in Colombia, as in the US, the online delivery sector is generating great interest. Estimates show that Colombia, like the United States, will account for up to 20% of all sales by 2025, “said Pedro Freire, co-founder of Mercadoni.

Author avatar
Joshua Smith
https://startupgazzete.com

Post a comment

Your email address will not be published. Required fields are marked *

Este sitio web utiliza cookies para que usted tenga la mejor experiencia de usuario. Si continúa navegando está dando su consentimiento para la aceptación de las mencionadas cookies y la aceptación de nuestra política de cookies, pinche el enlace para mayor información.plugin cookies

ACEPTAR
Aviso de cookies