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July 10, 2017 05:37 pm GMT

With $53 million in new funding, Movile looks to become the Tencent of Latin America

With its Rappido subsidiary looking to become a marketplace for all sorts of online and delivery services, Movile is moving further along in its mission to become the Tencent of Latin America. Given its backing by Naspers (a large shareholder in Tencent — one of China’s e-commerce giants), the move to replicate a business model that’s worked so well for the investor… Read More

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