Borrero: Rappi is unit economic profitable across all nine operating countries
Simón Borrero · 20VC: Rappi Founder Simón Borrero on Growth vs Profitability, Capital Efficiency, Raising $1.7Bn as a LATAM Company and Why Uber Eats Did More To Help Than To Hurt Rappi · Mar 18, 2021 · at 18:29
Simón Borrero is the co-founder and CEO of Latin American delivery company Rappi. He addresses Rappi's global unit economics across its footprint.
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“To be clear, Rappi is unit economic profitable globally, so in nine countries that we operate, so it's not acceptable for us, and I think for anyone in this world now, To have negative unit economics.”
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