News of apps

MercadoLibre to invest record US$1.8 billion in Brazil

01-03-2021 22:01 Latin American e-commerce powerhouse MercadoLibre Inc. is more than doubling its Brazilian investment this year, planning to deploy in 2021 the same amount it spent in the past four years combined.

E-commerce

MercadoLibre eyes more cross-border shipping in land of red tape

24-08-2020 07:00 Already Latin America’s biggest company by market value, e-commerce giant is embarking on a new strategy to look across borders and boost international sales.

E-commerce boom

Pandemic proves beneficial for Mercado Libre as profits soar

17-08-2020 15:44 Mercado Libre doubled its sales (volume and invoicing alike) during the second quarter this year as the coronavirus pandemic arrived, sending profits soaring and pushing the Argentine firm's valuation up to around US$55 billion.

Coronavirus pandemic

Virus apps expose tension between privacy and need for data

28-05-2020 00:48 Track-and-trace technology is being touted as a silver bullet that will allow economies to reopen and people to emerge from home confinement, but many fear personal data will be abused for political or commercial gain – and even outright oppression in authoritarian states.

Bloomberg

Mobile banking app offers way to invest in low-risk mutual funds

14-11-2019 18:25 As Argentines seek to maintain the value of their savings amid capital controls and 50 percent annual inflation, the Ualá app believes it may have the answer...

BLOOMBERG

Glovo said to have held early-stage talks with Uber, Deliveroo

06-08-2019 15:02 Spanish food delivery start-up, which is not actively seeking a buyer, has drawn preliminary interest from Uber Technologies Inc. and Deliveroo in recent months as the industry undergoes a wave of consolidation.

DELIVERY APPS

Rodríguez Larreta wades in delivery apps row after 'inspection' ruling

05-08-2019 17:43 Buenos Aires City mayor defends Glovo, Rappi and Pedidos Ya delivery apps, saying they "they are legally constituted, pay their taxes and are used by many people," as he criticises judge who issued controversial ruling.

WORKERS' RIGHTS

Venezuela migrants propel billion-dollar delivery app

29-07-2019 15:43 Rappi, like similar companies, has also come under criticism for its modern-day labour practices, which reflect some of the shortcomings of the gig economy.