Business

Spain's Cabify plans online grocery delivery in Latin America in 2022

The company recently left Brazil and operates in Argentina, Chile, Colombia, Ecuador, Mexico, Peru and Uruguay

Spain's Cabify plans online grocery delivery in Latin America in 2022. Photo: REUTERS/Jon Nazca

Spanish ride-hailing app Cabify will begin offering grocery deliveries in its Latin American markets next year after debuting the service in Spain a month ago, Lucia Chavarri, the vice president of new business, said on Tuesday.

“We will launch our Cabify Super service next year in Latin America,” Chavarri told reporters at an event celebrating the multi-mobility company’s 10th anniversary, saying the move made sense amid a pandemic-fueled boom in quick e-commerce.

READ ALSO: After 5 years, Cabify to shut down operations in Brazil in June due to profitability problems

The service, which allows users to place orders from nearby partnered supermarkets, is likely to land in the first Latin American market in the first half of 2022, a source within the company told Reuters.

The company operates in Argentina, Chile, Colombia, Ecuador, Mexico, Peru and Uruguay. It did not specify in which market it would launch first.

A new crop of startups has sought to consolidate market share in the sector, including Turkey-based Getir and Berlin-based Gorillas, both of which have expanded across borders.

READ ALSO: With limited EV options, Uber embraces carbon offsets in Latin America

Ride-hailing apps are moving into that line of business to compete with meal-delivery app services such as Glovo. European rival Gett is also set to arrive to Spain in 2022.

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