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12 results for “iFood”
Magalu Unit Challenges iFood Exclusivity at CADE, Seeking to Open Brazil’s Interior Delivery Market
Magazine Luiza’s aiqfome delivery arm filed a complaint with Brazil’s antitrust body, CADE, arguing a 2023 settlement failed to protect smaller cities from iFood's exclusivity agreements.
Magazine Luiza Escalates Delivery War, Asking Brazil’s Antitrust Regulator to Halt iFood Exclusivity in Smaller Cities
Magazine Luiza's subsidiary, aiqfome, filed a formal complaint with Brazil's antitrust regulator CADE, arguing that a 2023 agreement on iFood's exclusivity contracts fails to protect competition in the country's mid-sized and smaller cities.
Dutch-Owned iFood Commits Record R$24 Billion Investment to Boost AI and Fintech in Brazil
Food delivery giant iFood, owned by Dutch investment group Prosus, announced a R$24 billion investment in Brazil through March 2027, focusing on technology and its iFood Pago fintech arm.
Brazil Delivery Giant iFood Commits R$24 Billion to Ecosystem Expansion, Prioritizing AI and Fintech
iFood, the dominant Brazilian delivery platform, announced a R$24 billion investment through March 2027, focusing on AI development, fintech growth, and non-restaurant verticals.
State-Controlled Banco do Brasil Partners With iFood to Finance Gig Workers’ Motorcycles
Major Brazilian bank and delivery app use platform data to unlock credit for gig workers to buy new motorcycles and electric bikes.
Banco do Brasil and iFood Partner to Extend Credit to Brazil’s Gig Economy Drivers
Brazil's state-controlled Banco do Brasil and iFood are partnering to finance vehicles for delivery workers, formalizing services for the booming gig economy.
ANVISA Revokes Ban, Clearing Path for Mercado Livre, iFood to Enter Brazil’s $4 Billion Digital Pharmacy Market
Brazil's health regulator ANVISA revoked measures blocking medicine sales on marketplaces, opening a R$20 billion e-commerce front.
Labor Court Ruling Forces Gig Platforms to Share Data for Social Security Review, Upping Operating Risk
National injunction mandates INSS, iFood, and MetLife to process accident claims for delivery drivers, signaling higher compliance costs for the tech sector.
Labor Court Ruling Signals Rising Costs for Brazil’s Gig Economy, Hitting Platform Model
A national-scope preliminary injunction forces Brazil's social security (INSS) to review injury claims from iFood workers, signaling increased regulatory costs.
Brazil Court Order Forces INSS and iFood to Cover Deliverers' Work Accidents, Raising Gig Economy Regulatory Risk
A nationwide provisional ruling increases administrative and potential social security costs for gig economy platforms in Brazil.
DiDi's 99 Commits R$100 Million to Launch '99Compras' in São Paulo, Intensifying Last-Mile Delivery Battle
DiDi Global’s Brazilian subsidiary 99 launched its daily-shopping app '99Compras' in São Paulo with a R$100M investment, directly challenging iFood and Rappi.
Cade Dismisses Keeta's Antitrust Case Against 99Food
Brazil's antitrust regulator Cade has recommended archiving Keeta's complaint against 99Food, easing regulatory risks for Didi's delivery platform.