iFood

iFood is a Brazilian online food ordering and food delivery platform, operating in Brazil and Colombia. The company holds over 80% market share of the food delivery sector in Brazil. It is owned by Dutch-based Prosus (part of Naspers) and its Brazilian investment firm Movile.

This article is about the Brazilian food delivery company. For the diet containing the heavy isotopes of nutrients, see Heavy isotope diet.
iFood
Company typePrivately held company
Founded2011 (2011)
FounderEduardo Baer
Felipe Ramos Fioravante
Gabriel Pinto
Guilherme Bonifacio
Michel Eberhardt
Patrick Sigrist
Headquarters
São Paulo
,
Brazil
Revenue
  • R$208,000,000 (2019)
OwnerMovile, part of Prosus (Naspers)
Number of employees
  • 5,539 (April 2021)
Websitewww.ifood.com.br (Brazil)

It merged its businesses in Argentina and Colombia with rivals PedidosYa in August 2018 and Domicilios.com in March 2021 respectively, brands of Delivery Hero which is also owned by Prosus. It operated as SinDelantal in Mexico until December 2020.

Currently, iFood holds 83% of the meal delivery market in Brazil and is the subject of proceedings by CADE. A survey by the Brazilian Association of Bars and Restaurants (ABRASEL) pointed out that orders made by the platform are on average 17.5% more expensive for the consumer, compared to the same order made directly at the restaurant.

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