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Rappi Acquires Brazilian Box Delivery and Partners with Mall Operator Aliansce

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Colombia based Rappi made its largest acquisition to date by acquiring Box Delivery.Ā 

Box offers last-mile delivery services to restaurants and retailers and makes an average of 1 million monthly deliveries. In 2022, Box posted $39.5M in sales.

The Brazilian mall operator Aliansce Sonae will support Rappiā€™s acquisition of Box Delivery as a new partner. This addition will give Rappi strategic advantages in the Brazilian market.

The deal aims to strengthen Rappiā€™s delivery operations and enable it to compete better with iFood.The acquisition will unite Rappiā€™s delivery services with Box Delivery, allowing the company to meet the growing restaurant demand.

ā€œWe will likely become one of the largest companies focused on serving this delivery segment, ā€ said Sebastian Mejia, Co-founder and President of Rappi.

Read more on Bloomberg Linea.

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Mary holds a bachelor's degree in sociology and economics. Her vision is to empower women in technology by providing them with the skills, information, and resources they need to succeed in the sector.

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