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Cencosud S.A. is a leading multi-format retail company based in Santiago, Chile. Established in 1960, it has grown to become the largest retail company in Chile and the third largest in Latin America. Cencosud operates in five Latin American countries-Chile, Argentina, Brazil, Peru, and Colombia-as well as in the United States and China, reaching a market of over 380 million people. The company has a diverse portfolio that includes approximately 910 supermarkets, 89 home improvement stores under the Easy brand, and 83 department stores primarily under the Paris brand. Cencosud also manages 32 shopping centers and offers financial services, including credit cards and a digital wallet called CencoPay. With over 1,045 stores and around 121,524 employees, Cencosud reported annual revenue of $13.6 billion, showcasing its significant presence in the retail sector. The company emphasizes customer engagement through its loyalty program, 'Puntos Cencosud,' fostering lasting relationships with its customers.
Merama is a strategic investment and operational partner dedicated to accelerating the growth of leading e-commerce brands in Latin America. Founded by a team of experts in various fields, Merama focuses on building a robust online group of brands across countries like Brazil, Mexico, Colombia, Chile, and Peru. The company invests significant capital and expertise into select e-commerce companies, acquiring substantial but non-controlling stakes. Merama provides its partners with working capital, operational support, and strategic guidance, allowing them to maintain governance while benefiting from Merama’s resources. The company emphasizes high-impact initiatives to scale sales and profits, aiming to grow partner brands into billion-dollar businesses. Merama has received substantial funding from notable investors, reinforcing its commitment to fostering growth in the region's e-commerce landscape.