The Japanese telecom giant and prolific Silicon Valley tech investor is already allocating from its Innovation Fund, a $2bn investment commitment to LatAm. It has confirmed a $1bn investment into the Bogota based on-demand delivery startup that has taken LatAm by storm
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SoftBank makes a huge bet on Latin America
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“SoftBank’s vision of accelerating the technology revolution deeply resonated with our mission of improving how people live through digital payments and a super-app for everything consumers need,” Rappi co-founder Sebastian Mejia said in a statement. “We will continue to focus on building innovations for couriers, restaurants, retailers and start-ups that translate into new sources of growth.”
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