PROSUS VENTURES ACQUIRES 33.3% STAKE IN IFOOD FOR ~USD1.5B
31 August 2022
(Businesswire (Prosus)) Prosus Ventures acquired a 33.3% stake in Brazil-based last-mile delivery platform iFood from Just Eat for ~USD1.5b in cash and an additional USD300m earnout. Prosus first invested in iFood through Movile in 2013.
PROSUS VENTURES ACQUIRES 33.3% STAKE IN IFOOD FOR ~USD1.5B was last modified: August 31st, 2022 by Tasin Islam
The 2023 LAVCA Startup Founders Survey is made possible thanks to the support of LAVCA’s Tech Growth Membership, a group of leading tech companies and investors advancing the tech ecosystem in Latin America including AWS, Mercado Libre, Microsoft, Qualcomm Ventures, SVB, Riverwood Capital, Google and Movile.
VC Partner Events
Missing consumer key - please check your settings in admin > Settings > Twitter Feed Auth
Submit VC News
Have private equity or venture capital related news that you would like to share? Submit your press releases and news to [email protected].