99

Shopper, a Brazilian subscription delivery platform for consumer products, raised R$10m from Canary, former Renner CEO José Galló, Juscelino Martins of Grupo Martins and 99/Yellow co-founder Ariel Lambrecht. Shopper raised…

Mexico is fast emerging as the new battleground for the global transport wars, from rideshare and delivery to e-scooters and mopeds: In the past year, Chinese heavyweights Didi Chuxing (rideshare),…

Canary raised R$160m for its first fund. Investments include fintech SmartMEI, HR platform Gupy, IT startup Terramagna, used car marketplace Volanty, online factoring platform Rapidoo, and  IDwall, a validation and…

Didi Chuxing plans to acquire a majority stake in Brazilian rideshare startup 99 for ~US$600m. This officially puts 99 in unicorn territory. Didi and Riverwood Capital invested over US$100m in…

The entrance of major global investors into a string of recent early and expansion stage rounds in Latin America is contributing to record investment dollars in Latin American startups.

The global transport wars are heating up in Latin America with major investments from new Asian players. A few months after Chinese transportation giant Didi Chuxing announced a US$100m co-investment…

Japan’s Softbank and Riverwood Capital bought a minority stake in 99 (formerly 99 Taxis), a Brazilian rideshare company, for US$100m. Investors in 99 include Didi Chuxing, Riverwood Capital, monashees+, Qualcomm…

(Valor Econômico) Chinese transportation giant Didi Chuxing led an investment in Brazilian rideshare company 99 (formerly 99 Taxis) of over US$100m. The investment round also included participation from monashees+, Qualcomm…