iFood Acquires Caju for R$1B to Expand Benefits Platform

Brazilian delivery giant iFood has completed its largest acquisition to date, purchasing corporate benefits platform Caju for R$1 billion. The move signals iFood's strategic pivot into the employee benefits market, which generates R$150 billion annually, diversifying beyond food delivery. The deal's success hinges on regulatory approval and integration of Caju's client base.

AI disclosure: Model-written summary of the source, not a verified fact. Check the sources. How Mosaic works