Rappi Stock
| Valuation | $5.25B1 |
| Valuation Date | Jul 19, 2021 |
| Implied Valuation | n/a |
| Last Price | $20.40 |
| 52-Week High | $22.88 |
| 52-Week Low | $13.83 |
| YTD Return | +2.82% |
| 1-Year Return | +1.75% |
| 3-Year Return | +0.15% |
| Total Funding | n/a |
| Latest Round Amount | $500M1 |
| Latest Round | Series F |
| Funding Rounds | n/a |
| IPO Status | Expected2 |
| Expected IPO Date | Late 2026 |
| Revenue | n/a |
| Revenue Type | n/a |
| P/S Ratio | n/a |
About Rappi
Rappi is a Latin American super-app that delivers restaurant meals, groceries, pharmacy items and other everyday products through a network of independent couriers. The platform operates in nine countries across the region. Beyond delivery, it offers financial services such as the RappiCard credit card, travel bookings and a Turbo service for ultra-fast deliveries. Rappi makes money by charging restaurants and stores commissions on orders, along with delivery fees, advertising and Rappi Prime subscriptions.
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News
Amazon Invests in Latin American Last-Mile Delivery Provider Rappi
Amazon reportedly invested a $25 million convertible note in Colombia-based Rappi, which provides last-mile delivery of groceries and restaurant meals in Latin America. The deal allows Amazon to buy a...
Colombia's Rappi could be ready for IPO in 12 months, cofounder says
BOGOTA, Sept 16 (Reuters) - Colombian startup Rappi, which is backed by Japan's SoftBank (9984.T), opens new tab, could be ready to launch an initial public offering on the New York Stock Exchange wit...
Marriott International Signs Industry-First Strategic Collaboration with Rappi, Inc. in Latin America
Companies join forces to offer more choice for members PLANTATION, Fla. , May 24, 2023 /PRNewswire/ -- Marriott International (NASDAQ: MAR) announced today that it has signed an industry-first agreeme...
dLocal Will Let Rappi Customers Use Brazil's Pix System
Latin American superapp Rappi has expanded its partnership with payment platform dLocal to allow Rappi customers in Brazil to use the country's Pix payment system for purchases. As the companies noted...
Rappi and dLocal Further Expand Their Partnership and Add PIX Brazil's Payment Method
SAN FRANCISCO--(BUSINESS WIRE)--dLocal, the leading payment platform connecting global merchants to emerging markets, today announced its expanded partnership with Rappi, an on-demand delivery startup...
Delivery Hero Sells $150M Share in Rappi
German food delivery giant Delivery Hero has sold a $150 million share of its ownership in Latin American delivery company Rappi, representing most of the investment it had made in the company, Reuter...
Colombian on-demand delivery startup Rappi raises ‘over' $500M at a $5.25B valuation
Rappi, a Colombian on-demand delivery startup, has raised “over” $500 million at a $5.25 billion valuation in a Series F round led by T. Rowe Price, the company announced late Friday.
Rappi To Introduce Credit Cards In Brazil With Visa
Amid increasing rivalry in the payments vertical in Latin America, delivery company Rappi is rolling out credit cards for Brazilian users, Reuters reported. Rappi teamed with Visa to provide the credi...
Delivery app Rappi partners with Visa to launch credit cards in Brazil
SoftBank-backed delivery app Rappi is launching credit cards for its users in Brazil, expanding its financial products portfolio as competition in the payments sector heats up in Latin America.
New alliance between Itaú and Rappi will bring greater financial inclusion to Chile
With such a pioneer initiative, financial access to digital solutions for individuals will be expanded in Chile on the back of the experience and support of both Itaú and Rappi With such a pioneer ini...
In Brazil, delivery drivers for Uber, Rappi and others protest amid pandemic
More than a thousand food delivery drivers on motorcycles gathered in São Paulo on Wednesday to protest their work conditions, set by Uber Technologies Inc and makers of other apps, as their services ...
Data's the secret weapon for Rappi, SoftBank's big bet in Latin America
"We're going to help you understand your missed opportunities," the boss of delivery app Rappi tells restaurants and food brands. "Why Wednesday is maybe not the best day for you, or why lunch is bett...