Deep dive into Latin America’s last-mile delivery startups

Deep dive into Latin America’s last-mile delivery startups

The last-mile delivery apps servicing the $2 trillion USD e-commerce market are drawing global attention, notably those that deliver products, groceries, and restaurant-made meals on-demand. McKinsey reports that nearly 25 percent of consumers are willing to pay a significant premium for the privilege of instant or same-day delivery. Younger consumers are also more inclined to choose on-demand over regular delivery options, and this share will likely increase over the next few years. In Latin America, the last-mile delivery market is becoming one of the most competitive in the world. Luckily, the region’s consumers are benefiting from this competition, as startups are rapidly…

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