Amazon Buys Stake in Latin American Delivery Startup Rappi
A delivery worker carries a Rappi bag in Mexico City in 2024.Photographer: Mayolo Lopez Gutierrez/BloombergAmazon.com Inc. has taken a stake in the Colombian delivery company Rappi Inc., a strategic partnership that pairs the e-commerce giant’s retail and technology infrastructure with one of Latin America’s best-known last-mile delivery outfits.Getting access to Rappi’s logistics network could help Amazon compete with regional e-commerce heavyweight MercadoLibre Inc. For Rappi, the partnership ...
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