Sources: Sea, whose market cap has gone from $200B+ to ~$28B since Oct. 2021, shuts some Latin American operations and cuts hundreds of gaming jobs in Shanghai
Singapore-based Sea Ltd's (SE.N) e-commerce arm Shopee will exit Argentina and shut local operations in Chile …
Just Eat sells its 33% stake in Latin American joint venture iFood to Prosus for $1.8B; Prosus will now fully own the Brazilian food delivery company
Ivan Levingston / Bloomberg :
Just Eat sells its 33% stake in Latin American joint venture iFood to Prosus for $1.8B; Prosus will now fully own the Brazilian food delivery company
Just Eat Takeaway.com NV agreed to sell its 33% stake in Latin American joint venture iFood to Prosus NV for as much as 1.8 billion euros ($1.8 billion).
London-based online payments company Paysafe will acquire LATAM-focused e-commerce payment service SafetyPay for $441M in cash
Paysafe's latest acquisition of SafetyPay enables it to further scale in the high-growth Latin American region Paysafe, a specialised payments platform …
Berlin-based Delivery Hero says it will buy Glovo's Latin American operations across eight countries for ~$272M, in its latest food delivery consolidation move
VTEX, end-to-end e-commerce platform used by clients like Walmart and Sony as they expand to Latin America, raises $140M led by SoftBank's Latin American fund
Ingrid Lunden / TechCrunch :
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/...