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Uber, Prosus-Backed iFood Partner in Competitive Brazil Market

Rideshare giant Uber Technologies Inc. and Prosus NV-backed delivery service iFood are partnering to integrate their services into each others’ apps in Brazil, a strategic move to grow their presence in a market where China’s Meituan and Didi Global Inc. are also competing.Uber customers can gain access to iFood’s restaurant, grocery, pharmacy and convenience delivery services within the Uber app, while iFood users can book Uber rides directly from iFood’s interface, the companies said in a stat...

Read more at bloomberg.com

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