Rappi Stock $25.79

Forge Price BeaconForge Price 1 updated October 7, 2024

rappi.comTransportation / Delivery servicesFounded: 2015Funding to Date: $1.96B

Rappi, founded in 2015, is the developer of a Latin-American based, all-purpose delivery application that aims to be the personal assistant for its users. Rappi's mission is to drive economic development across cities in Latin America by accelerating e-commerce adoption. Rappi is headquartered in Bogotá, Colombia.

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Rappi Stock Price

3M
6M
1Y
MAX
Forge Price 1
Date
10/07/2024
Price per Share
$25.79
Last Closed Trade 2
Close Date
xx/xx/xx
Last Closed Trade Price
$xx.xx
Last Funding Round (LFR)
Date
xx/xx/xx
Price per Share
$xx.xx

Rappi investors also invested in these private companies

Leadership & Board

Leadership

Oscar Herrera
Chief Financial Officer
Fernando Cruz
Chief Technology Officer
Juan Pablo Ortega
Co-Founder
Sebastian Mejia
Co-Founder, President & Board Member
Ricardo Bechara
Co-Founder & Director of Expansion of Brazil
Luis Bitencourt-Emilio
Chief Products Officer
Simón Borrero
Co-Founder, Chief Executive Officer & Board Member
Caroline Merin
Chief Operating Officer
Felipe Villamarin
Co-Founder & Board Member

Board

Justin Wilson
SoftBank Group
Michael Abramson
Rappi
Simón Borrero
Rappi
Jeffrey Housenbold
SoftBank Group

Rappi stock FAQs

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Is Rappi a public company?

No, Rappi is a privately held company and is currently not publicly traded on any stock markets including NYSE or NASDAQ.
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What is Rappi’s stock price?

Rappi is a privately held company and therefore does not have a public stock price. However, you may access Rappi private market stock price with Forge Data.
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What is Rappi’s stock ticker symbol?

Rappi does not have an official ticker symbol because this company is not currently publicly traded.
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Can institutional investors buy and sell private market stocks?

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Rappi’s news and media highlights

Latin American delivery startup Rappi is preparing for a future IPO by hiring a CFO, reducing costs, improving algorithms, expanding offerings, investing in Mexico, and acquiring a competitor to expand logistics capabilities. The company broke even in 2023 and does not have a set IPO timeline but wants to go public when market conditions are favorable.
The article discusses Bloomberg detecting unusual activity from a computer network and requiring confirmation that the user is not a robot before allowing continued access. The article then provides information on troubleshooting and contacting support if issues persist.
Rappi, a Latin American delivery app backed by SoftBank, is partnering with fintech firm R2 to provide $60 million in loans to restaurants in Mexico and Colombia. Restaurants that have been selling via the app for at least three months will be eligible for these loans, which will be repaid through their sales on the app. The program may later expand to other countries where Rappi operates.
Rappi, a food delivery app, is negotiating partnerships with large fast-food chains to compete with market leader iFood, according to CEO Felipe Criniti. The move comes as iFood's exclusivity agreements expire in September due to a consent decree with Brazil's antitrust watchdog Cade. Rappi also plans to expand geographically, aiming to operate in 250 Brazilian cities by 2025.
Updated on: Oct 9, 2024

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