Collaborative Economy: New Competitor in Costa Rica

After investing $2 million, the company Rappi, dedicated to the service of food delivery, orders and cash transport, began operations in the country.

Friday, October 18, 2019

This type of service supply is increasing in the Costa Rican market, as Rappi will have to compete with Uber Esats, Glovo and Hugo.

You may be interested in "Collaborative Economy: Business Diversifies"

Mateo Albarracín, Rappi's direct expansion manager, told Elfinancierocr.com that "...they have high expectations for Costa Rica. We see that it is a strategic market because of its commercial dynamism (...) We are going to help economic growth."

The article adds that "... The offer will be based on the delivery of meals (they already have 450 affiliated restaurants), the purchase of groceries, an agreement with PriceSmart for purchases of larger volumes, and with Fresh Market for liquors and convenience products. They will also deliver medicines through an alliance with the Fischel pharmacies."

RappiFavor, will be another of the services, which consists of moving a fir tree from one side to the other with the help of the application collaborators. Rappi executives said that by 2020 they plan to invoice close to $10 million.

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