Bitso, Plerk, Ualá, Wildlife, Lemon Cash and Kavak, Latam startups with recent layoffs
Layoffs at startups in the region are part of a new wave of cutbacks that responds in most cases to the recession and ensures liquidity for the coming months.
Layoffs at startups in the region are part of a new wave of cutbacks that responds in most cases to the recession and ensures liquidity for the coming months.
Wynwood House, a Peruvian startup that follows the line of global companies such as Sonder as an alternative to Airbnb, halfway between Airbnb and hotels, raised US$7 million in a seed round that will allow it to continue growing in LatAm and beyond. Forbes Peru broke the news, stating that Wynwood House is already present in Peru, Colombia, Mexico, and Panama, and after the round, it plans to reach Chile, the US and Spain.
Here’s a retail story that doesn’t involve a media network – but don’t worry, it does feature Amazon, AI, and Kansas City. Independent retailer Community Groceries will be the first non-Amazon company to deploy the Amazon One entry gate and Amazon’s Just Walk Out checkout technology. Amazon One grants entry after reading your palm or credit card, while Just Walk Out tracks what customers put in their cart and charges for it. O brave new world.
Martech keeps taking larger bites out of marketing budgets: 17.3% last year, 19.9% this year, 23.5% next year, and 30.9% five years from now, according to the latest CMO Survey. This despite barely more than half (56.4%) of current tools being used and nearly half (48.8%) of the survey respondents reporting worse-than-expected results. Oddly enough, marketers rate selecting marketing technologies as the thing they do best.