Auto Added by WPeMatico
European food ordering and delivery giant Just Eat Takeaway has revealed that it’s selling its stake in Brazil’s iFood for up to €1.8 billion ($1.8 billion) to Prosus. The initial deal will amount to €1.5 billion in cash, plus another €300 million depending on the performance of iFood over the next 12 months. News of the…
WhatsApp is continuing its push into the business market with today’s news it’s launching the WhatsApp Cloud API to all businesses worldwide. Introduced into beta testing last November, the new developer tool is a cloud-based version of the WhatsApp Business API — WhatsApp’s first revenue-generating enterprise product — but hosted on parent company Meta’s infrastructure.…
The e-commerce market in Latin America has been gaining traction over the past two years and is poised to double in size and be valued at more than $100 billion by 2025. And like in the United States and elsewhere, customers in LatAm expect that when they submit an order online, it arrives at their…