Fandango Latam, previously known as Cinepapaya, is a company selling movie tickets online and through mobile devices. It also provides showtime information and movie related content.
History
Fandango Latam started as Cinepapaya in 2012, getting funding from
500 Startups and
Telefonica‘s startup accelerator
Wayra
Wayra is a technological innovation hub, which was started in Latin America and Spain in 2011 as an initiative of Telefónica's chief executive in Europe, José María Álvarez-Pallete. Wayra operates through 11 hubs in 10 countries within Telefón ...
. It participated also in the
Start-Up Chile’s acceleration program.
In 2014, Cinepapaya received a $2M investment from Brazilian internet conglomerate
Movile. As of May 2015, Cinepapaya was transactional in Peru, Chile and Colombia, and served content in 17 countries in South America (as for May 2015), expecting to close 2015 with 20 countries, and then venture into other emerging markets.
In December 2016,
Fandango Media
Fandango Media, LLC is an American ticketing company that sells movie tickets via their website as well as through their mobile app, as well as a provider of television and streaming media information through its subsidiary Rotten Tomatoes.
...
purchased Cinepapaya, for an undisclosed amount. Fandango had previously acquired Cinepapaya's Brazilian competitor Ingresso in 2015, and merged the two entities to create Fandango Latam.
In March 2017, Fandango announced a new branding strategy for its Latin American assets, and definitely switched its name from Cinepapaya to Fandango Latam.
In October 2017, Fandango acquired
MovieTickets.com and gained more market shares in Latin America. In October 2018, Fandango Latam announced several multi-year deals with
Cinépolis
Cinépolis is a Mexican and international movie theater chain. Its name means ''City of Cinema'' and its slogan is ''La Capital del Cine'' ( en, the Capital of Cinema).
Cinépolis was the biggest cineplex chain in Mexico, with 427 theaters in ...
,
Cinemark Theatres
Cinemark Holdings, Inc. (stylized as CineMark from 1998 to 2022 and CINEMARK since 2022) is an American movie theater chain that started operations in 1984 and since then it has operated theaters with hundreds of locations throughout the Americ ...
,
National Amusements, and
Cinemex
Cinemex is a Mexican chain of cinemas. It operates multiplexes in cities such as Mexico City, Guadalajara, Monterrey, Toluca, Cd. Juarez, Leon, Tijuana, Mexicali, Puebla and other Mexican cities.
In 2015, Cinemex began to expand into the United ...
, adding 5,000 new screens to Fandango s Latin American inventory. This deal turned Fandango into the largest online ticketer in Latin America.
Awards
![TNW Latin America 2012 - Day 1 (7995890361)](https://upload.wikimedia.org/wikipedia/commons/b/be/TNW_Latin_America_2012_-_Day_1_%287995890361%29.jpg)
* 2012: 2nd place in TNW Conference Latin America's Start-Up Battle
* 2013 : 1st place in Intel Challenge
APEC
The Asia-Pacific Economic Cooperation (APEC ) is an inter-governmental forum for 21 member economies in the Pacific Rim that promotes free trade throughout the Asia-Pacific region.
References
{{Fandango
Latam
LATAM Airlines Group S.A. is an airline holding company headquartered in Santiago, Chile. It is considered the largest airline company in Latin America with subsidiaries in Brazil, Colombia, Ecuador, Paraguay and Peru. The company filed for Ch ...
Ticket sales companies
Companies of Peru
Internet properties established in 2012
2012 establishments in Peru