Announced
Financials
Sources
Tags
Brazil
online stores
Friendly
Single Bidder
E-commerce
Private
Pending
Private Equity
online retailer
Acquisition
Venture Capital
Minority
Synopsis
SoftBank Group, Gavea Investimentos and Constellation Asset Management agreed to invest $138m in VTEX, a cloud-based eCommerce platform that offers online retailers a centralized platform. The proceeds will be used to expand research and development, including new artificial intelligence software for e-commerce.
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