Quick commerce is becoming increasingly competitive in Latin America. The sector is currently dominated by local operators, including Rappi, Cornershop (recently acquired by Uber), and iFood. These businesses have profited from their local know-how, such as understanding consumption habits and knowledge of LatAm’s complex road networks, which is fundamental for logistics and delivery.   This y...

DIA has reported group turnover decreased by 9.1%, to €3,193.7m, in the first half of 2021. DIA’s sales performance by market The retailer operates in four markets: Argentina, Brazil, Spain, and Portugal. By market it reported: DIA Spain announced its H1 sales of €2,089.7m, a decrease of 7.7%, compared to H1 2020 DIA Portugal revealed a decline of 4.2% to €296.3m in H1 2021 DIA Brazil...

As Carrefour France acquires a minority stake in quick commerce operator Cajoo, its operations in Poland looks to reduce plastic use and it appoints a new chief executive in Brazil, we round up five developments from the retailer. Carrefour acquires stake in quick commerce company in France In its Q2 results statement Carrefour announced its acquisition of a minority stake in quick comm...