iFood Is Now Selling Decolar Trips, and the Numbers Just Landed

Key Facts

—The owner. Prosus, the Amsterdam-listed tech holding behind Brazil’s iFood and travel brand Decolar, reported full-year results on June 29 for the year to March 31.

—The proof. Some 21 percent of Decolar’s consumer revenue in Brazil now comes from iFood customers, the clearest sign yet that the food-app cross-sell works.

—The travel arm. Decolar’s gross bookings rose 29 percent to $5.9bn (R$30.5bn), on revenue of $804m and adjusted earnings of $131m.

—The acceleration. Decolar’s Brazil revenue growth jumped from 6 percent in the first half of the year to 29 percent in the second.