Mexico might soon have its own electric car composed entirely of Mexican talent and components, Europe and Latin America have much to gain from closer ties, and more from the region…
dataPlor raised its third round of seed capital to digitize Latin American small businesses, Colombian government announces National Development Plan 2018 – 2022, report on the composition of Latin American retail e-commerce, and more from the region.
This week in LatAm: Chinese ride-hailing giant Didi Chuxing launched financial services in Brazil and Mexico, Brazilian markets boomed, and NuBank became Latin America’s biggest fintech company.
Other stories this week include: Brazilian health-tech Feegow Clinic raises R$20 million, FOMO’s underlying role in last week’s EU-Mercosur Agreement, and Brazilian Startups’ Preference for New York over São Paolo for IPOs
Featured stories include: the top four big trends in Latin American startup funding, Grow Mobility’s growing success, EU-Mercosur Treaty: deal details and its international implications for Latin America.
Walmart begins offering grocery delivery from its Superama stores via messaging service WhatsApp, CCC Index to offer businesses a comprehensive understanding of the nuanced compliance challenges in Latin America, Ride-hailing revenue in Latin America expected to top US$1 billion by 2023, and more.
This week, SoftBank bet big on Brazilian business, Platzi raised $6M USD in a Series A funding round, and President Andres Manuel Lopez Obrador invited Mark Zuckerberg to join him in promoting universal internet access in Mexico.
This week, logistics startup Loggi became the newest Brazilian unicorn, Didi announced expansion plans for Colombia and Chile, and PayPal kicked off their new partnership with Konfio.
This week, Rappi entered the neobanking market, Netflix tapped into their Latin American consumer base, and Finnovasta released their Mexican Fintech Report.