An Overview of ecommerce in Brazil
Companies expanding globally have taken advantage of investing in fast-growing economies with significant influence on regional and global affairs, such as the BRICS (Brazil, Russia, India, China and South Africa). The internet has been...
With U.S. pullback, China pursues further foothold in Latin American business
Venezuela may be in a meltdown, Brazil consumed by corruption scandals and Argentina fresh out of a recession. But for China, whose investments in Latin America top $100 billion, it’s just business as usual.
Largely...
Brazilian coffee farmers braced for first bean imports
It has been a tough few years for Rodrigo Rigo, a coffee grower in the Brazilian state of Espírito Santo, just north of Rio de Janeiro.
Hit by three years of severe droughts in the...
Brazil’s video game market well placed for growth
The growing Video game market in Brazil is a magnet for international companies wanting to expand in Latin America. But local businesses hope to profit, too. CCTV America's Paulo Cabral reports. Fo...
Source: www.cctv-america.com
Let's play some games :)
Brazilian Startup gets $80 million for no-fee credit card App
Brazilian startup Nubank received $80 million in a final round of funding. One of Brazil’s first financial tech startups, Nubank provides customers with a “no-fee” credit card.
Moscow-based venture capital firm DST Global led the round with its...
Atento Extends Partnership in Brazil with Itau
Atento S.A., the largest provider of customer-relationship management and business-process outsourcing services in Latin America, and among the top three providers globally, today announced it has extended its partnership in Brazil with Itau, a...
Brazil’s Gafisa hires five banks for Tenda IPO, source says
Brazilian homebuilder Gafisa SA has hired five investment banks to oversee the listing of low-income building unit Construtora Tenda SA, a person with direct knowledge of the matter said on Monday.
According to the person,...
Petrobras asset sales fuel Brazilian M&A revival
Drive down any highway in Brazil and it is impossible to avoid the square green-and-gold signs bearing the initials “BR” that announce Petrobras petrol stations.
With 7,500 roadside outlets, the state-owned oil company remains one of the...
Brazil’s startups spiking U.S. investors’ interest
With Brazil’s commercial prospects rising in the eyes of investors around the globe, combined with an offering of great incentives for companies to grow and expand in Brazil, an event brings together ...
Source: ireport.cnn.com
Brazil and Brazilian innovations on the rise
Brazil’s Itau Unibanco Sees Profit Fall by 9.3%
Brazil’s second-largest bank by assets, Itau Unibanco Holding SA, reported a drop in net profit of 9.3% in the third quarter, as the country’s persistent economic recession reduced demand for new loans among Brazilians, while the bank assumed more...
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