News

Colombia’s Merqueo bags $50M to expand its online grocery delivery service across Latin America

Merqueo offers more than 8,000 products, including fresh foods, packaged goods, home essentials, beverages and frozen products. It currently operates in more than 25 cities in Colombia, Mexico and Brazil and has over 600,000 users.   The market opportunity in Latin America is massive considering that online grocery sales only represent just 1% of the market –– far lower than in the U.S., EU or China, for example.

More News

Previous Article

Ghana’s DigiExt introduces data-driven farming for smallholders

August 5, 2021

Ghanaian agri-tech startup DigiExt is helping farm cooperatives grow via a variety of tech-based platforms and then assisting them in selling their produce to processing companies and export agencies. The startup gathers data by satellites and drones, weather information and soil sensors to disseminate relevant production information to smallholder farmers at the right time in a cost-effective manner.

CDPI Emerging Markets
Featured Article

Google Faces Canada Lawsuit Over Advertising Practices

December 5, 2024

Google is facing another antitrust lawsuit, this time in Canada, specifically focusing on anti-competitive practices in online advertising. The Competition Tribunal has been asked to order Google to sell two of its ad tech tools, prohibit future anti-competitive practices and fine the company billions of dollars. In response, Google points to a highly competitive market offering plenty of alternatives.

CDPI Newsletter