| Founded | 2019 |
|---|---|
| Closed | 2021 |
| Country | Brazil |
| Sector | Foodtech |
| Total raised | $50M+ DiDi investment (2019–2021) |
| Collapse type | Market Exit |
| Founder | DiDi Chuxing Brazil Team |
99Food
"DiDi's food delivery arm entered Brazil, spent two years subsidizing orders, and quietly exited — defeated by iFood"
Key Events Timeline
99 — DiDi's Brazilian ride-hailing subsidiary — launched 99Food in 2019 to challenge iFood's dominant position in Brazilian food delivery.
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