Puerto Rican startup Brands Of raises US$1M from foreign and local investors
LatAm List – Brands Of is an e-commerce platform for small- and medium-sized businesses in Puerto Rico with…
MercadoLibre debuts QR code payments in Brazil
For the past two months, MercadoLibre has tested QR code payments in physical stores in Argentina. Over 160,000…
Update: Walmart acquires Cornershop for US$225M
Rumors that Walmart would acquire Chilean-Mexican last-mile delivery startup, Cornershop, started this June 2018. Today, La Tercera announced that…
MercadoLibre emits US$800M worth of bonds
MercadoLibre, Argentina’s e-commerce giant, recently announced a US$800M round of debt financing that will be open to regular…
Observe Technologies wins Start-Up Chile Demo Day G19
Sixteen startups presented their pitches at the Start-Up Chile Generation 19 Demo Day at Bridge Cowork in Santiago,…
Trocafone receives US$3M investment from Pedralbes Partners and Aihuishou
In a story brought to our attention by LAVCA, Brazilian used electronics marketplace, Trocafone, has raised US$3M from…
Some Walmart Chile stores make 25% of their sales through e-commerce
With the advent of last-mile delivery services like Cornershop, as well as Lider delivery services, making grocery delivery…
Amazon to launch Alexa and Echo in Mexico
The Seattle-based e-commerce giant recently revealed that its voice-controlled virtual assistant, Alexa, would soon launch for the Mexican…
Sierra Capital to acquire Netshoes’ Mexican operations
Netshoes is a Brazilian e-commerce site known for selling shoes and other fashion items. The company, which has…
+Kota acquires Mexican pet e-commerce Petsy
Pet store chain Maskota acquired Mexico’s pet e-commerce leader Petsy for an undisclosed sum, says investor ALLVP. However,…