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IFood
iFood is a Brazilian online food ordering and food delivery platform, operating in Brazil and Colombia. The company holds over 80% market share of the food delivery sector in Brazil. It is owned by Dutch-based Prosus (part of Naspers) and its Brazilian investment firm Movile. It merged its businesses in Argentina and Colombia with rivals PedidosYa in August 2018 and Domicilios.com in March 2021 respectively, brands of Delivery Hero which is also owned by Prosus. It operated as ''SinDelantal'' in Mexico until December 2020. History iFood was founded in 2011 by Patrick Sigrist, Guilherme Bonifacio, Eduardo Baer and Felipe Fioravante. Movile owns iFood as a subsidiary, with Just Eat owning a 33% stake in iFood until 2022. Naspers provided funding when iFood had just started. It serves customers in Brazil and Mexico. It connected 15,000 restaurants to customers who collectively placed four million orders every month in 2018. iFood had £123.8m in sales, making it 16 times lar ...
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Movile (company)
Movile is a local Brazilian firm headquartered in Campinas, Brazil. Movile operates in the segments of food ordering and delivery, ticketing, and logistics. It has had mixed success till now with the bet on food delivery maturing (iFood) while other bets still at nascent stage or under performing. History In 1998, Fabricio Bloisi founded a startup that would later become Brazil's Movile. In its early stage, Movile focused on innovating and exploring advanced technologies, mobile devices, text messages using the Short Message Service (SMS) standard and the first chat through SMS. In the beginning, the company to enabled ringtone commerce in Brazil, as well as the development of the country's first Wireless Application Protocol (WAP) search portal. Movile was also the first company in Latin America to send images through the Multimedia Messaging Service (MMS) standard. In 2007, Bloisi focused on expansion. In 2008, and Movile built itself into the largest company in the Latin A ...
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