![]() I am delighted that they continue to have such strong belief in our vision and ability to build a successful business that Brazilians can continue to be proud of,” said Fabricio Bloisi, Movile founder and iFood CEO. “Prosus has been a committed partner to iFood and Movile over the last decade. ![]() We are thrilled to be fully backing the company on its path to transform the entire food chain to better serve customers,” said Larry Illg, CEO of Prosus Food. iFood has established itself as a technology leader in Brazil and its success places it among the most innovative food delivery companies across the globe. There is substantial opportunity for further expansion in both the restaurant food delivery business and through building out the platform in areas such as grocery and quick commerce. “The Brazilian Food Delivery sector has grown significantly over the past four years. We are excited to continue to be a supportive and active partner for iFood as the company steps into its next phase of innovation and growth,” said Bob van Dijk, CEO, Prosus. Increasing our stake to full ownership is a demonstration of our committed and disciplined approach to investment and reflects our confidence in the long-term potential of iFood. They have shaped the sector in Brazil, creating a platform that serves 330,000 restaurant partners, provides income opportunity for 200,000 delivery partners, and delivers approximately 70 million orders every month. ‘’We first invested in iFood nearly a decade ago and during this time Fabricio and team have built a world-class food delivery business. The nearly decade-long commitment from Prosus has helped to enable iFood’s success. Today, iFood is a leading platform business which includes food delivery, grocery, quick commerce, and fintech. ![]() iFood stands out among the first to develop own-delivery, which is now profitable. Starting as an online food ordering website, the company rapidly developed into an industry leader with a reputation for innovation. IFood has performed exceptionally well since Prosus first invested in the business through Movile, founded by Fabricio Bloisi, in 2013. Following the transaction, Prosus and its affiliate company, Movile (a Brazilian investor in technology companies) will fully own iFood. “All hate speech is harmful to society,” wrote the presenter.Prosus to acquire remaining stake in iFood from Just EatĪmsterdam, 19 August 2022 - Prosus, a global consumer internet group and one of the largest technology investors in the world, today announced it has entered into an agreement to acquire the remaining 33.3% stake in iFood, from minority shareholder Just Eat Holding Limited for €1.5bn in cash plus a contingent consideration of up to €300m. However, on the morning of last Thursday (28), Monark returned to Twitter and claimed to have been misinterpreted about what he had said on his social network profile and claimed to be against racism and homophobia. In this, some of Monark’s tweets were read as protectionist to the crime of racism. Since then, the presenter has used his Twitter to issue opinions considered controversial on freedom of expression.Īfter the removal of the live of the President of the Republic, Jair Bolsonaro, which had its content removed from Facebook, Instagram and YouTube for associating Covid-19 vaccines to AIDS, the discussion intensified. Since the beginning of the month, after the interview with federal deputy Marcelo Freixo (Psol/RJ), he had a heated discussion with Monark about freedom of expression. Support for the Flow Podcast included some promotions, such as offering discount coupons to new customers. IFood is one of the companies that most support podcasts in Brazil, including programs with a more politically progressive nature such as Foro de Teresina, by Piauí magazine. In a statement, iFood declared that it believes it is no longer possible to be part of an unequal society, in addition to repudiating any type of prejudice or act of discrimination. For iFood, Monark’s statements do not match Monark’s statements. Eba censored Bolsonaro! OBA was now a political enemy! UHUL censored a jerk guy! Hey wait, did a friend of mine censure? OPS so censoring ME!? Who could imagine, that when censorship starts there is no time to end.Īccording to the website propmark, the decision was made because the company claims to have made a public commitment to “be a protagonist in promoting urgent changes that favor diversity and inclusion”.
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