Startups
SoftBank-Backed Unicorn Rappi Hires CFO to Get Ready for IPO
- There is no set time for listing as company reached break even
- Rappi’s focus is on continued growth and margin expansion
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Rappi Inc., one of Latin America’s most valuable startups, hired its first chief financial officer to prepare the SoftBank-backed delivery service for a future public listing.
Tiago Azevedo joined Rappi’s C-suite, based in Sao Paulo, following stints as finance chief for the Brazil divisions of MercadoLibre Inc. and The Hershey Company.