ifood restaurant web union

iFood and RestauranteWeb merge and create online delivery giant

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The new company will have an 80% market share of online food ordering via smartphone, tablet or website.

Ifood-restaurantweb-uniao

The two biggest brands of ordering food at home through apps or the computer decided to come together to create a giant of delevery in Latin America. O iFood, the Brazilian leader in online delivery, and the RestaurantWeb, the country's second largest in the segment in Brazil, will unify services under the iFood!

The new company forecasts gross sales of 1 billion reais by the end of 2015. With the union of the brands, the market share of the iFood will be 80%. Brazil is already among the top 10 online delivery markets in the world.

order food for one click from mobile or website is already the reality for more than five million Brazilians. The growth forecast in the country for the next five years is ten times higher, driven by the growth of smartphones and the mobile internet.

” Having the right partners, at the right time, was essential to place Brazil on the map of the 10 largest countries in online food delivery in the world. The partnership with RestaurantWeb it is the last shot to consolidate and guarantee this very promising market that has been showing gigantic growth”, declares Patrick Sigrist, co-founder and Chairman of the Board of iFood.

The iFood sand makes it even more attractive with the expansion of restaurant options for customers and also resulting in more sales for establishments. There will be more than 5 restaurants in 60 cities across the country. The estimate is to reach the number of 1 million requests per month as early as next year.


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