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.

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