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CDPI Emerging Markets

Categories : CDPI Emerging Markets

Chile eCommerce market has Latin America’s highest eCommerce transactions per capita (report)

October 7, 2021
Despite its small size, Chile’s e-commerce indicators are impressive. With the highest banking, Internet and smartphone penetration in the region, Chileans are better prepared than any other Latin Americans to adopt e-commerce. Chileans’ online spend is disproportionately high for their small population of 18 million; in 2016, per capita e-commerce spend in Chile was $222 compared to $120 in Brazil and $138 in Argentina.
CDPI Emerging Markets

Stagwell expands in Latin America with Allison+Partners and Grupo Garnier partnership

October 7, 2021
Stagwell is expanding its creative, content, media and marketing communications capabilities throughout Latin America with a new partnership between Stagwell agency Allison+Partners and Latin American heritage agency Grupo Garnier. The partnership will see Grupo Garnier rebranding offices in eight markets as Allison+Partners, including in Costa Rica, El Salvador, Guatemala, Panama, Honduras, Ecuador, Peru and Mexico.
CDPI Emerging Markets

SA’s Abela provides secure payment platform to the informal economy

October 7, 2021
South African startup Abela is supporting the informal economy with the same autonomy and security that banks offer to the formal economy via a QR code-enabled system. Launched in August 2020, Abela started as a QR code-enabled payment platform offering users without a bank account the ability to receive tips and payments digitally. Since then, it has broadened its approach to include the entire informal economy.
CDPI Emerging Markets

Chalo raises US$40M to digitize bus commutes in India

October 7, 2021
India’s bus market is a US$20 billion opportunity, almost twice the size of cabs. The startup was operating about 1,900 buses before the pandemic hit last year. Now the startup is operating 2,500 buses and has signed up several thousand more. As part of the new financing round, the startup said it will use US$10 million of the proceeds to buy back stock options to reward its current and former employees as well as some early angel investors.
CDPI Emerging Markets