{"id":1036096,"date":"2026-09-17T07:57:08","date_gmt":"2026-09-17T02:27:08","guid":{"rendered":"https:\/\/telecomlive.in\/web\/?p=1036096"},"modified":"2026-09-17T08:04:31","modified_gmt":"2026-09-17T02:34:31","slug":"delivery-app-ifood-to-invest-4-7-billion-in-brazil-through-march-2027","status":"publish","type":"post","link":"https:\/\/telecomlive.in\/web\/2026\/09\/17\/delivery-app-ifood-to-invest-4-7-billion-in-brazil-through-march-2027\/","title":{"rendered":"Delivery app iFood to invest $4.7 billion in Brazil through March 2027"},"content":{"rendered":"<p>Brazilian delivery app iFood, owned by Dutch investment group Prosus, said on Wednesday it will invest 24 billion reais ($4.66 billion) in the South American country in the fiscal year through March 2027, a 41% increase from its previous investment cycle. <\/p>\n<p>The company will direct spending across four areas: strengthening restaurant operations, expanding new delivery categories such as pharmacies and pet shops, developing proprietary technology, and growing its fintech unit iFood Pago. <\/p>\n<p>Tech and innovation investment to exceed 2 billion reais, including AI agents and a generative AI model developed jointly with Prosus, iFood said.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Brazilian delivery app iFood, owned by Dutch investment group Prosus, said on Wednesday it will invest 24 billion reais ($4.66 billion) in the South American country in the fiscal year through March 2027, a 41% increase from its previous investment cycle. The company will direct spending across four areas: strengthening restaurant operations, expanding new delivery categories such as pharmacies and pet shops, developing proprietary technology, and growing its fintech unit iFood Pago. Tech and innovation investment to exceed 2 billion reais, including AI agents and a generative AI model developed jointly with Prosus, iFood said.<\/p>\n","protected":false},"author":8,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[59,4,10],"tags":[],"class_list":["post-1036096","post","type-post","status-publish","format-standard","hentry","category-it-2-the-economic-times","category-newspapers","category-the-economic-times"],"acf":[],"_links":{"self":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/1036096","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/users\/8"}],"replies":[{"embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/comments?post=1036096"}],"version-history":[{"count":1,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/1036096\/revisions"}],"predecessor-version":[{"id":1036117,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/1036096\/revisions\/1036117"}],"wp:attachment":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/media?parent=1036096"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/categories?post=1036096"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/tags?post=1036096"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}