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This Colombian cloud kitchen group raises $17 million to expand across Latin America

The online food ordering sector in Latin America has been experiencing rapid growth, as evidenced by the industry generating revenues of $6.13 billion in 2022, representing an increase of over $700 million compared to the previous year, according to Statista. Projections also suggest that by 2027, the figure will

Emmanuel Oyedeji profile image
by Emmanuel Oyedeji
This Colombian cloud kitchen group raises $17 million to expand across Latin America
Photo by Sam Moghadam Khamseh / Unsplash

The online food ordering sector in Latin America has been experiencing rapid growth, as evidenced by the industry generating revenues of $6.13 billion in 2022, representing an increase of over $700 million compared to the previous year, according to Statista.

Projections also suggest that by 2027, the figure will reach $8.8 billion, with a robust compound annual growth rate (CAGR) of 9.80% expected during 2023-2028.

Emmanuel Oyedeji profile image
by Emmanuel Oyedeji

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