Online firm Grupo Zap is chasing a billion-dollar opportunity by introducing the instant home buyer (i-buyer) model in Brazil, with plans to nearly double its workforce and enhance data analytics capabilities to support the new business.
With Grupo Globo, one of Latin America’s largest media conglomerates as a majority shareholder and the likes of Monashees and Kaszek Ventures as backers, Zap owns the two largest real estate marketplaces in Brazil and provides a range of data-driven services to the industry.
By Angelica Mari via Forbes