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958 Amazon Backs Latin American Delivery Firm Rappi

The Information
Ann Gehan @ The Information · 09/08/2025 16:23 EDT

Amazon Backs Latin American Delivery Firm Rappi

Amazon has taken a stake in the Latin American rapid-delivery startup Rappi, Bloomberg reported. Amazon will initially invest $25 million in Rappi via a convertible note, the report said, and is entitled to buy as much as 12% of Rappi through warrants if the company meets certain milestones. ...

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