TikTok plans to invest $37.7B+ to build a data center near Brazil's port of Pecém, partnering with Omnia and Casa dos Ventos, its first project in Latin America
Bloomberg :
Uber and delivery service iFood partner to integrate their services into each other's apps in Brazil; Uber closed its Uber Eats service in Brazil in March 2022
Natalie Lung / Bloomberg :
Microsoft plans to buy 3.5M carbon credits, estimated to be worth ~$200M, from Re.green over 25 years to restore parts of Brazil's Amazon and Atlantic forests
Kenza Bryan / Financial Times :
FanDuel and Betfair's parent company, Flutter, agrees to acquire a 56% stake in Brazilian online gaming operator NSX for a cash consideration of about $350M
International sports betting operator Flutter Entertainment Plc agreed to acquire an initial 56% stake in Brazil's NSX Group for a cash consideration of about $350 million.
Brazil-based Sólides, which offers HR management software to over 12,000 Brazilian businesses, raises $100M from Warburg Pincus
Tatiana Bautzer / Reuters :
Payments company dLocal and Amazon announce an agreement that enables international vendors to sell products on Amazon's Brazil marketplace for the first time
Jimin Kang / Reuters : Source: Business Wire Source: Business Wire : dLocal Unlocks the Brazilian Market to International Sellers
Online classifieds company OLX Brazil, a leading player in Brazil's digital real estate ads, has agreed to buy rival Grupo ZAP for $642M in an all-cash deal
Terje Solsvik / Reuters :
Latin American carrier America Movil to acquire Nextel in Brazil for $905M
Ingrid Lunden / TechCrunch : Tweets: @ingridlunden Tweets: Ingrid / @ingridlunden : Pour (another) one out for push-to-talk pioneer Nextel. http://twitter.com/...
Electric scooter startup Grin, which merged with São Paulo-based Ride in October, merges with Brazil-based Yellow as it expands further across Latin America
Megan Rose Dickey / TechCrunch :
Reports: China's Didi is in talks to buy Brazil's ride-hailing service 99 in deal that values it at $1B
A year ago, Didi made a big move into Brazil when it laid down over $100 million to take a stake in 99, a local competitor to Uber in the app-based ride hailing market.