Largest delivery platform in Brazil, controlled by Prosus, with payments and credit operations (iFood Pago) and corporate benefits; not listed on B3, but relevant to competitors in retail, payments and digital banks.
Last 90 days
On September 16, 2026 iFood announced R$ 24 billion of investment in Brazil between April 2026 and March 2027, 41% above the previous cycle, with R$ 5 billion for iFood Pago and a credit card in testing from October, per Exame, Bloomberg Línea, NeoFeed and Correio Braziliense.
Updated October 21, 2026 · 3 verified articles
Market transmission
Investment plans and expansion into credit and new categories affect margins of listed food retailers, acquirers and digital banks, as well as Prosus results.
Explanatory mechanism, not a forecast or recommendation.iFood Benefícios signed an agreement to buy 100% of Caju, a corporate benefits company, announced on October 20, according to NeoFeed and Brazil Journal. The deal requires Cade and Central Bank approval; the companies did not officially disclose the price.
A Keeta survey of 147 chains finds that 85.7% of restaurants with five or more stores in the São Paulo metropolitan area are barred from operating on the platform by exclusivity or competitor ban clauses. The Cade tribunal rejected the Keeta appeal for a preventive measure against 99Food but ordered the investigation into sector clauses to continue. iFood says the claim of widespread exclusivity does not hold.
iFood will invest R$ 24 billion in Brazil between April 2026 and March 2027, 41% above the R$ 17 billion of the previous cycle. The plan allocates R$ 10 billion to verticals, R$ 5 billion to iFood Pago, R$ 1 billion to benefits and R$ 2 billion to technology and artificial intelligence. CEO Diego Barreto said the priority is growth, not profitability.