iFood announces direct investments of R $ 17 billion in Brazil until March 2026

by Andrea
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IFOOD announced on Tuesday (5) direct investments of R $ 17 billion in the country between April this year and March 2026, over R $ 10.3 billion invested by the platform in 2024 and the R $ 13.6 billion in 2025, considering the 12 months closed in March.

The value contemplates, primarily, shares to boost traffic on the platform, increase the recurrence of purchases in the application and expand the company’s operations.

Despite the global uncertainties resulting from geopolitical tensions, IFood’s executive president Diego Barreto said in an interview with Reuters that the platform maintains a positive perspective on the Brazilian economy.

iFood announces direct investments of R $ 17 billion in Brazil until March 2026

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“This geopolitical discussion will pass one way or another,” said the executive, adding that the iFood anticipates that the country will have a “constantly low” unemployment with the Central Bank’s performance in inflation control and economic growth.

The contribution will also be directed to technology and innovation, such as the development of proprietary artificial intelligence. Part of the funds will still be aimed at making credit availability to partner restaurants as well as customers for use in the application, said the CEO.

From April 2025 to March 2026, the delivery platform will be hiring 1,100 direct employees, more than half in the technology area; An expansion that will raise the total number of employees to more than 8,600, according to the executive.

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The announced investment does not include IFOOD resources reserved for possible acquisitions, said the CEO, who declined to comment on recent rumors that the platform would be interested in purchasing the Allele Benefit Card company.

Currently, iFood works with 400,000 online and offline establishments, has 55 million customers and is present in 1,500 cities. The platform, which reached 200 million orders per month by 2025, wants to reach a monthly volume of 200 million orders in about three years.

IFOOD is part of the Dutch group of Prosus Investment Group in Latin America.

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