Brazil’s Nuvemshop raises $500M at a $3.1B valuation months after last raise
TechCrunch
AUGUST 17, 2021
Virtually every KPI tripled in the company in 2020 as the world saw a massive transition to online, and Nuvemshop’s platform was home to 14 million transactions last year, according to Sosa. Accel Partner Ethan Choi believes the Latin American e-commerce market has the potential to be just as big as the U.S. market in the future.
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