RIO DE JANEIRO, BRAZIL - Delivering from food to cleaning products, startup Justo's app was launched in Brazil with an initial investment of US$40 million, the company said Thursday (2).
The startup said it has raised over US$100 million in capital to expand in Mexico before its launch in São Paulo, where it aims to reach 1 million Brazilians and generate between 3,000-5,000 jobs in the first 2 years.
"Brazil represents a great opportunity, but also a great challenge due to the local market's sheer size and complexity, but I have no doubt . . .