Hellofood Acquires Brazilian Competitor Entrega Delivery
Hellofood seems to be on an aggressive campaign to take over its competitors in the food delivery business. Following its acquisition of its competitors in Ecuador and Russia, Hellofood has now acquired a Brazilian-based Entrega Delivery.
This deal spells the further strengthening of Hellofood’s presence in Brazilian food delivery industry. Last year it took over other Brazilian food delivery services: MegaMenu, Jamanesa and Peixe Urbano. Currently, Hellofood has more than 2,000 restaurants registered to its database across 30 cities in Brazil.
However, with the acquisition of Entrega Delivery by Hellofood, the former is said to continue operations under its brand name. Entrega Delivery began operations in Brazil back in 2010 and has presence in Belo Horizonte and Campinas with over 400 restaurants partnerships.
Eduardo Penna, Founder and CEO …read more
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