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iFood company logo
Corporation
INTERNET | eCommerce / Food & Grocery
ifood.com.br

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Founded Year

2011

Stage

Series G | Alive

Total Raised

$591.86M

Valuation

$0000 

Last Raised

$500M | 3 yrs ago

Mosaic Score

+10 points in the past 30 days

What is a Mosaic Score?
The Mosaic Score is an algorithm that measures the overall financial health and market potential of private companies.

About iFood

iFood is a Brazilian online food delivery platform that allows clients to place orders both online and via apps for mobile devices, available in the iOS, Android and Windows Phone operating systems.

iFood Headquarter Location

Avenida dos Autonomistas, nº 1496 Vila Yara

Osasco, 06020-902,

Brazil

Latest iFood News

Prosus: iFood’s delivery business is close to breakeven

Nov 25, 2021

iFood's trading losses increased to $100 million, driven by the investment in grocery delivery Photo: Nelson Antoine/Shutterstock iFood’s delivery orders grew 43% to over 300 million; Prosus said that at 30 September 2021, iFood’s first-party orders in Brazil accounted for 35% of total orders. Dutch multinational conglomerate company Prosus, which is the international Internet assets division of South African multinational Naspers, is the main shareholder of Brazil ‘s Movile, owner of iFood . In August it invested a further $120 million in iFood , through Movile. Recently, reporting its consolidated interim financial statements for the six months ended 30 September 2021, the companies said iFood grew GMV by 50% and revenue by 38%. Yet, iFood ‘s trading losses increased to $100 million, driven by the investment in grocery delivery. “ iFood continued to operate well in the review period, even as local authorities across Brazil lifted restrictions on restaurant dining,” said Prosus. iFood ‘s delivery orders grew 43% to over 300 million, and added a coverage in 248 cities in Brazil , growing its restaurant base to 294, 000, up more than 10,000 from March 2021. Prosus said that iFood ‘s core, the delivery business “is close to breakeven.” Prosus said that at 30 September 2021, iFood ’s first-party orders in Brazil accounted for 35% of total orders and exceeded the combined volumes of its first-party competitors.

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Research containing iFood

Get data-driven expert analysis from the CB Insights Intelligence Unit.

CB Insights Intelligence Analysts have mentioned iFood in 2 CB Insights research briefs, most recently on Nov 19, 2020.

Expert Collections containing iFood

Expert Collections are analyst-curated lists that highlight the companies you need to know in the most important technology spaces.

iFood is included in 3 Expert Collections, including Unicorns- Billion Dollar Startups.

U

Unicorns- Billion Dollar Startups

925 items

O

On-Demand

1,239 items

F

Food & Beverage Delivery (Grocery & Meal)

1,384 items

Startups and tech companies offering online grocery, food, beverage, and meal delivery services.

iFood Patents

iFood has filed 4 patents.

The 3 most popular patent topics include:

  • Rose cultivars
  • Tires
  • Flowers
patents chart

Application Date

Grant Date

Title

Related Topics

Status

8/25/2015

1/7/2020

Named minor planets, Numbered minor planets, Main-belt asteroids, Senescence, Industrial gases

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8/25/2015

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Grant Date

1/7/2020

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Related Topics

Named minor planets, Numbered minor planets, Main-belt asteroids, Senescence, Industrial gases

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Status

Grant

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iFood Web Traffic

Rank
Page Views per User (PVPU)
Page Views per Million (PVPM)
Reach per Million (RPM)
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iFood Rank

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