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[SITUATION] · [QUIET] · [BUSINESS]
2 clusters · 3 sources · 13 days · First seen · Last updated
99 expansion of 99Compras marketplace in Brazil
Overview
Brazilian mobility platform 99 has launched its 99Compras marketplace in São Paulo and more than 20 surrounding municipalities, backed by a R$100 million investment. The service, which previously operated in Goiânia, utilizes a network of over 200,000 delivery couriers and partners with various retailers including Americanas, Carrefour, and Ultrafarma.
The expansion emphasizes a pharmacy vertical, which already accounts for approximately 22% of the platform’s volume in Greater São Paulo. To support this, 99Compras is integrating major pharmacy chains such as Panvel, Nissei, and Drogaleste. The company aims to leverage its 60 million active users to transform its app into a ‘super-app’ encompassing transport, food delivery, financial services, and e-commerce.
Entities
99Compras · São Paulo · Talita Poleto · Nissei · Panvel
Timeline
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7 days ago
[BUSINESS] 3 sources99Compras expands pharmacy marketplace into São Paulo99Compras is investing R$ 100 million to expand its pharmacy marketplace into São Paulo, partnering with major chains like Panvel and Nissei to reach the metropolitan region.
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20 days ago
[BUSINESS] 6 sources99 rolls out 99Compras in São Paulo, investing R$100 million99 launches 99Compras in São Paulo with a R$100 million investment, 3,000 merchants, 200k+ couriers and pharmacy orders making up 22% of volume.
Sources
abradilan.com.br · portal.comunique-se.com.br · revistadafarmacia.com.br