Here are Brazil’s next potential unicorns
There are now 258 startups across the world that have reached “unicorn” status, or a US$1B valuation. Brazil…
The secret to becoming a unicorn: focus on local users, says 99 founder
99 has been competing directly with Uber in Brazil since 2014. As a small ridesharing company in a…
MercadoLibre plans to invest US$20M in Chile this year
According to El Mercurio, Argentina’s largest e-commerce company, MercadoLibre, plans on investing US$20M in the Chilean market this…
MercadoLibre invests US$50M in free shipping rewards program
MercadoLibre, one of Argentina’s four unicorns, has recently announced the launch of their rewards program in Argentina, which…
Nubank raises US$150M, becomes Brazil’s third unicorn
In a story brought to our attention by Startupi and confirmed by Reuters, Brazil’s biggest online banking startup, Nubank,…