In 2020, the company launched PedidosYa Market, a series of dark stores for online purchases, with local pickup and home delivery, which as of May 2022 had 170 stores in 13 Latin American countries.[2][3]
History
Pedidos Ya was founded in 2009 by Ariel Burschtin, Álvaro García and Ruben Sosenke, three students from Universidad ORT Uruguay, who had presented the idea of a web page to easily order chivitos as part of a university project in 2008.[4]
First company logo
In 2008 they presented the project to the National Agency for Research and Innovation (ANII), which granted them a subsidy of US$20,000, and a year later the first online platform prototype with 40 restaurants was launched in Uruguay.[5] In addition, Fondo Emprender granted an initial capital of US$50,000.[6] It quickly expanded into Argentina and Chile, and by 2011, the company was already operating in Brazil, Colombia, Venezuela, and Peru.[7] Later it began to operate in Ecuador, Paraguay, Puerto Rico, Panamá and Mexico.[8] In 2011 the company received an investment from the London-based venture capital firm Atomico and Kaszek.[9]
In 2014, PedidosYa was acquired 70% by the German company Delivery Hero.[10] In 2016 it began to allow online payments.[11] In June 2017, it was listed on the Frankfurt Stock Exchange with a value of US$ 5,140 million.[12] This year it underwent a rebranding.[13]
In April 2020, within the framework of the COVID-19 pandemic, the company opened the first PedidosYa Market dark store in Montevideo, to be expanded to Argentina and Chile the following month.[14] In September, PedidosYa acquired Glovo's operations in Latin America, following its acquisition by Delivery Hero.[15][16]
Locations
As of April 2023, PedidosYa operated in 15 countries across Latin America.[17]
