Last-mile delivery solutions have definitely become more attractive from an investment perspective as a result of COVID-19, said Rodolfo Dieck, managing director of Proeza Ventures, the venture-capital arm of Mexican industrial conglomerate Grupo Proeza. Latin America has been punching above its weight when it comes to e-commerce. Indeed, online logistics marketplaces will continue to draw interest from financial and strategic investors even after COVID-19, said a Brazilian M&A advisor who worked on the acquisition of online last-mile delivery platform ASAPlog by retailer Via Varejo in April. Unsurprisingly, traditional transportation and logistics companies are looking to partner with such startups or launch their own online logistics platform, said Ruiz, from KPMG Mexico. Thiago Barrozo is Megermarket’s Latin America Editor based in Sao Paulo.

Source: Forbes August 26, 2020 17:48 UTC