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
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.