The Rio Times
Americas · 2 hrs ago
Rappi Turns Profitable in Colombia as Super App Model Gains Traction
Colombia · Business Key Facts —Positive EBITDA Rappi Colombia has reached profitability with positive EBITDA and is reinvesting 100% of its earnings back into the local business, signaling a mature operational phase. —30% Annual Growth The Colombian unit grew more than 30% year-on-year, showing strong demand even as the company shifted focus from blitzscaling to…
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