CORRECTED – Japan’s SoftBank invests $1 billion in delivery app Rappi

By Carolina Mandl SAO PAULO (Reuters) - Japan's SoftBank will invest $1 billion in Colombian delivery app Rappi, marking the first move by its newly created Innovation Fund for Latin America, according to a statement on Tuesday, confirming earlier media reports. In a statement, Rappi said the proceeds will be used to enhance the company's presence in existing markets and to enter new ones

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