Tech

Tech Roundup: Brazilian giants on startup-hunting spree

? Brazilian big retailers go startup hunting amid e-commerce boom. ? Innovation in Brazil. ? Poor internet increases inequality in Latin America

startup hunting
Photo: GenerationClash/Shutterstock

You’re reading The Brazilian Report’s weekly tech roundup, a digest of the most important news on technology and innovation in Brazil. This week’s topics: Brazilian big retailers on startup-hunting mode; old problems prevent Brazil from becoming a leader in innovation; and how poor internet access is increasing inequality in Latin America. 

Amid e-commerce boom, big retailers hunting for startups

This week, two e-commerce giants went shopping in the local startup market, as the battle for dominance in a burgeoning sector becomes fiercer by the day. On Tuesday, Mercado Livre announced it had acquired a minority stake in last-mile...

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