CB Insights - LatAm's top-funded tech startups

Hi there,

• Some big earnings reports to watch this week include Tencent, Baidu, Lyft, and Foxconn. Eyes will be on Tencent, which lost $66B in stock value over 2 days after Trump issued an order to ban its WeChat app. Also of interest will be Lyft’s performance as the pandemic slashed demand for ride-hailing, and competitor Uber was able to staunch some losses via growth in its food delivery business. We take a look at how Uber makes money in this report. 
   

• The IoT World conference kicks off this week. The fully virtual conference will cover IoT adoption across industries and various IoT technologies. Dive deeper into how IoT is shaping healthcare here or the rest of our IoT research here.
   

• TikTok may sue the Trump administration as early as tomorrow, according to NPR. Trump has cited national security and privacy issues as a justification, but the lawsuit will allege that Trump's ban of the app was unconstitutional because it didn't give TikTok a chance to respond or provide sufficient evidence for its assertions. We cover how TikTok found its massive success here.

Money, money, money 

Since 2009, more than $12B has been invested across 1.8K deals to tech startups in Latin America and the Caribbean. 

We map out the top-funded tech startups in Latin America & the Caribbean here.

Need for speed

Amazon is reportedly looking at turning old malls into fulfillment centers. 

We take a look at the robotic tech and key vendors that could help retailers like Amazon fulfill orders faster in this report.

Themes of streams

This year’s fully virtual Future of Fintech (November 16-18) will include 3 main video streams: 1 for fintech, 1 for wealth, and 1 for insurance. We’ve also added a bonus stream featuring presentations from companies on our acclaimed Fintech 250 list.
 

Registered attendees will have the chance to set up an unlimited number of 1:1 video networking meetings. Premium ticket holders also get access to pre-event networking.
 

The best part is that you get to build your own agenda and move freely between the streams — no advance session sign-ups required.

Register today to secure your spot.

Shock me like an electric eel
 

Dysfunctional electric circuits in the body have been associated with a growing list of diseases, including arthritis, irritable bowel syndrome, and diabetes. 

Bioelectronic medicine, which uses the body's electrical signals to enhance diagnosis and treatment, offers an alternative to pharmaceuticals, with quick, targeted, and reversible treatments. Expert Intelligence clients can read more about the emerging field here. 

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P.S. We're looking for a director of sales. Sound like you? We'd love to chat.