Report: Walmart to Acquire Cornershop for $200M
Cornershop, the Chilean/Mexican last mile delivery service, is reportedly in talks with Walmart for a potential $200M acquisition.…
Private investment firm Ardian opens first LatAm office in Chile
In a press release published on LAVCA, Ardian, a private investment firm with over US$71B in assets worldwide,…
Chilean VC FEN Ventures prepares to raise US$21M for Fund II
FEN Ventures is raising its second fund, backed by Chilean development organization, CORFO, to keep investing in early-stage…
Pattern Energy Group to sell Chilean operations to Arroyo Energy Investors
In a story brought to our attention by LAVCA, Pattern Energy Group announced that its Chilean operations were…
Landline usage in Chile falls as mobile gains momentum
Chile’s landline telephone companies have seen consistent declines throughout the first quarter of 2018. According to statistics cited…
Concha y Toro now recycles 100% of its industrial waste
The Concha y Toro Vineyard, located just outside of Santiago, Chile, reached its sustainability goal this year: 100%…
British IT company Logicalis to acquire Chilean rival Coasin Group
Coasin Group provides IT services to companies in the mining, finance, services, and retail industries in Chile. Nearshore…
Argentine bank to test Bitcoin for international transfers
On May 22, 2018, Banco Masventas (BMV) in Argentina launched a new program, in partnership with Bitcoin trader…
Chile’s 15 top fintech firms processed US$1.8B in transactions in 2017
In a story originally reported by La Tercera, the fifteen Chilean fintech firms that are part of Chile’s…
Aurus leads US$1.4M investment in Chilean real estate startup, Capitalizarme
In a story originally reported by El Mercurio, the real estate rental platform Capitalizarme received a US$1.4M investment…