Brazilian events ticketing platform Ingresse raised a R$90m Series C led by the Endurance family office, with participation from Rival and Grupo Globo and follow-on from e.bricks Ventures, Qualcomm Ventures,…
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PayPal will make a US$750m strategic investment in MercadoLibre through a common stock investment. Dragoneer Investment Group will purchase an additional US$100m of Series A perpetual convertible preferred stock. MercadoLibre…
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MercadoLibre acquired Machinalis, a startup applying machine learning to product recommendation. Machinalis emerged from the math & computation department at la Universidad Nacional de Córdoba (UNC).
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Qualcomm Ventures, MercadoLibre, Confrapar and FJ Labs made a R$20m investment in Brazilian ticketing platform Ingresse. Previous investors include e.Bricks Ventures and DGF Investimentos. (Fusões & Aquisições) A Ingresse vai…
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Alaya Capital Partners and MercadoLibre’s MELI Fund invested US$300k in Zoco, a Chilean ecommerce platform for small businesses selling on MercadoLibre. (Press Release) El Fondo de Capital Emprendedor cordobés invirtió U$D…
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MercadoLibre acquired Ecommet, a Brazilian e-commerce software provider, for R$36.5m. (E-Commerce News) Em mais uma investida para ganhar espaço no segmento do varejo online nacional, o Mercado Livre anunciou a aquisição da startup…
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Trocafone is closing the digital gap in Brazil by making smartphones more affordable by powering trade-in programs for major carriers and manufacturers like Samsung, LG, Apple, and Movistar, and selling refurbished devices on Trocafone.com…
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KaszeK Ventures invested an undisclosed amount in Digital House, a Buenos Aires based coding school designed to train technology professionals in Latin America. (Press Release) Buenos Aires, January 31st, 2017…
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(La Nacion) Online travel agency Despegar.com, which is backed by Tiger Global, General Atlantic and Sequoia Capital, its planning to make its IPO on the Nasdaq in late 2016/early 2017.…
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MercardoLivre Announces Three Startups that Received Investments from the MercadoLibre Commerce Fund
(E-commerce News) MercardoLivre, in partnership with Wayra, the accelerator arm of Telefonica, announced the chosen business for the MercadoLibre Comerce Fund. The fund will invest US$10m to Intoo, 00K and…
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