Announced
Financials
Sources
Tags
Private
Majority
Pending
Acquisition
Colombia
Single Bidder
Friendly
delivery
e-commerce
E-commerce
Synopsis
iFood, a Brazilian delivery startup, agreed to acquire Domicilios.com, a Columbian delivery service, from Delivery Hero, a European multinational online food-delivery service. Financial terms were not disclosed. The transaction is subject to regulatory approval. iFood will control and own 51% of the new venture, with Delivery Hero owning the remaining 49%. “Recently, we have worked on the expansion of iFood in Brazil and throughout Latin America. Over time, we have increased our presence in Colombia, which is a strategic country for our growth, ” Fabricio Bloisi, iFood CEO.
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