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iFood is a prominent online food ordering and delivery platform based in São Paulo, Brazil, founded in 2011. It holds over 80% market share in the Brazilian food delivery sector and connects customers with a vast network of more than 300,000 restaurants through its mobile app and website. The company employs around 5,000 people and reported revenues of approximately $1.6 billion. In addition to food delivery, iFood has expanded its services to include grocery delivery through iFood Mercado, which has grown significantly since its launch in 2019. The platform now handles millions of grocery orders from thousands of stores across numerous cities. iFood utilizes advanced logistics and technology to enhance delivery efficiency and customer satisfaction, solidifying its leadership in the competitive Brazilian market. The company serves a diverse customer base, including individual consumers and food service providers, and is actively engaged in sustainability initiatives.
Cervecería y Maltería Quilmes is a prominent Argentine brewery and malt company with a rich history dating back to 1888. Founded by Otto Bemberg, the company started as a family business in the city of Quilmes, Buenos Aires, chosen for its quality water and convenient distribution access. Quilmes launched its flagship beer in 1890 and has since grown to become a leading brand in Argentina's beverage market. The company produces beer under the Quilmes brand and operates malt production facilities, including a dedicated malt house in Tres Arroyos. Over the years, Quilmes has expanded its operations to several regions across Argentina, including Zárate, Tres Arroyos, Corrientes, Tucumán, and Mendoza. In addition to its core beverage offerings, Quilmes has historically engaged in related industries such as cheese production and yeast manufacturing. Since 2006, Quilmes has been part of Anheuser-Busch InBev, further solidifying its position in the industry.
NotCo is a Chilean food technology company founded in 2015, focused on creating plant-based alternatives to animal products using artificial intelligence. The company utilizes its proprietary AI platform, Giuseppe, to analyze the molecular structure of animal-based foods and identify plant-based ingredients that replicate their taste and texture. This innovative approach allows for faster and more precise product development. NotCo offers a variety of plant-based products designed for mainstream consumers, including NotMilk, a dairy-free milk alternative, NotBurger, a plant-based burger patty, and other items like NotMayo, NotIceCream, and NotChicken. These products are available in major retail chains such as Whole Foods and Walmart, and are featured in menus at popular foodservice brands like Shake Shack and Starbucks. NotCo has also formed strategic partnerships, including a joint venture with Kraft Heinz and collaboration with McDonald’s, to expand its reach and develop new plant-based offerings.
Working capital for Brazilian restaurants
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