Brazil's iFood app announces $3.1 billion in investments
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Aug 05 2025
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Source: Reuters
Investment Plans: iFood, a Brazilian food delivery app, announced a direct investment of 17 billion reais ($3.1 billion) from April 2025 to March 2026, focusing on increasing platform traffic, repeat purchases, and expanding operational areas.
Workforce Expansion: The company plans to hire 1,100 new employees, primarily in technology, bringing its total workforce to over 8,600, while also aiming to increase monthly order volume from 120 million to 200 million within three years.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
