Rappi news and trends

Rappi Getting Ready for IPO ‘When It Makes Sense’
IPO // April 11, 2024

Delivery service Rappi is getting ready for a future initial public offering (IPO). The company, which is one of Latin America’s most valuable startups, does not have a timeline for an IPO but aims to be ready for one “when it makes sense,” Rappi Chief Financial Officer Tiago...

Rappi and R2 to Provide Loans to Restaurants in Mexico and Colombia
Restaurant innovation // July 27, 2023

Rappi, a Latin American delivery app backed by SoftBank, is partnering with FinTech R2 to provide loans to restaurants in Mexico and Colombia. Restaurants selling via the app for at least three months will be eligible for these loans, which will be repaid through their sales on...

Mexico’s Gig Workers May Get Social Security From Uber and Delivery Apps
Gig Economy // November 23, 2022

Ride-hailing drivers in Mexico are potentially getting access to social security benefits if they drive for either Uber, DiDi Global or Rappi, a first for gig economy workers in the country. In a joint release received by PYMNTS, the proposed social security benefits would cover...

Today in Crypto: BitMEX Co-Founder Forecasts Bitcoin to Fall to $30K; Crypto Market Reports Largest...
Cryptocurrency // April 11, 2022

Crypto trading volumes at big Indian exchanges have gone way down since April 1 when a new crypto profit tax went into effect, CoinDesk reported Monday (April 11). India now has a 30% tax on profits from profits on crypto transactions, and it doesn’t allow...

Quick Reads
Rappi Expects to Be Ready for IPO in 12 Months

September 16, 2024
Rappi reportedly expects to be in a position to launch an initial public offering (IPO) within the next 12 months. The Colombia-based startup, which offers delivery services in nine countries and is one of Latin America’s most valuable startups, has seen its revenue double over the past three years and is profitable enough to consider […]

Rappi Getting Ready for IPO ‘When It Makes Sense’

April 11, 2024
Delivery service Rappi is getting ready for a future initial public offering (IPO). The company, which is one of Latin America’s most valuable startups, does not have a timeline for an IPO...

Rappi and R2 to Provide Loans to Restaurants in Mexico and Colombia

July 27, 2023
Rappi, a Latin American delivery app backed by SoftBank, is partnering with FinTech R2 to provide loans to restaurants in Mexico and Colombia. Restaurants selling via the app for at least three...

Mexico’s Gig Workers May Get Social Security From Uber and Delivery Apps

November 23, 2022
Ride-hailing drivers in Mexico are potentially getting access to social security benefits if they drive for either Uber, DiDi Global or Rappi, a first for gig economy workers in the...