Rappi's app-based delivery service is changing the retail experience

Rappi's app-based delivery service is changing the retail experience

Corporate & Sovereign Strategy Economy & Policy IPO M&A People Argentina Brazil Colombia Mexico Chile Peru Uruguay

Traffic in Latin America's biggest cities, from Mexico City to Buenos Aires, is often cited as one of the region’s most serious problems. It ranks right behind crime in most countries, wasting huge amounts of time and costing billions of dollars in lost productivity. The traffic gridlock is worst in Bogotá, Colombia and São Paulo, Brazil. The 2017 Global Traffic Scorecard by Inrix found that residents of Bogotá spent an average of 79.8 hours a year in gridlock, while residents in São Paulo, South America’s largest city, are stuck in traffic 77.2 hours a year. The economic cost is already high and it’s still climbing. The economic research unit of Peru’s main daily paper, El Comercio, compi

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