The Brazilian iFood negotiates to buy benefits-card company Caju
Summary
iFood is in advanced talks to buy Caju, a Brazilian benefits-card company. The deal would expand iFood Benefícios and could raise its user base to about three million, strengthening its position against Flash. iFood has been pushing to grow in the benefits market and previously tried to acquire Alelo. The acquisition could also help iFood resolve an ongoing regulatory dispute tied to its worker meal program license.
AskAI Classifications
Sectors
No sectors detected
Functions
Human Resources
Accounting and Taxes
Workforce Management
Linked Companies
Caju
$10M to $25M