iFood
Coverage of iFood in the Nexus archive.
- Brazil’s Delivery War Hits the Antitrust Court as China Money Pours In
Brazil’s antitrust body Cade revived a case against China-backed delivery app 99Food. Market leader iFood requested an investigation into 99Food and Keeta for below-cost pricing. 99Food is owned by China’s DiDi, and Keeta by China’s Meituan.
- Brazil’s iFood Asks Regulators to Probe Its Chinese Delivery Rivals
iFood, Brazil’s leading food-delivery app, requested an antitrust investigation into two Chinese-backed competitors, 99Food (owned by DiDi) and Keeta (Meituan’s overseas brand), alleging they use deep discounts to gain market advantage.
- iFood Is Now Selling Decolar Trips, and the Numbers Just Landed
Prosus, the Amsterdam-listed tech holding company owning Brazil’s iFood and travel brand Decolar, reported that 21 percent of Decolar’s consumer revenue in Brazil now comes from iFood customers, indicating successful cross-selling between the platforms.
- Chinese Apps Take On Brazil Food-Delivery Giant in a Costly Fight
Chinese-backed apps Keeta and 99 are entering Brazil’s food-delivery market, challenging iFood, which holds 80% of a $20 billion market. Keeta’s owner has pledged $1 billion over five years, using lower fees and subsidies to attract restaurants. iFood has responded to the competition.