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Latin American Mobile Commerce Giant Movile Raises $55 Million

We’ve been writing all week about instant gratification services that bring the physical world to you at the touch of a button. Movile, the Sao Paulo, Brazil-based mobile commerce company, said today it has raised $55 million in Series D funding led by Innova Capital, primarily for online-to-offline projects like its iFood on-demand food delivery app, which is already available in 60 cities.

This article originally appeared on Recode.net.

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