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Magazine Luiza Raises US$50 Million From the IDB for Technology Investments

Summary by Globo
The transaction is complementary to the fundraising carried out with the IFC (International Finance Corporation), announced by the company on April 24, 2025.
DisclaimerThis story is only covered by news sources that have yet to be evaluated by the independent media monitoring agencies we use to assess the quality and reliability of news outlets on our platform. Learn more here.

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Magazine Luiza Raises US$50 Million From the IDB for Technology Investments

The transaction is complementary to the fundraising carried out with the IFC (International Finance Corporation), announced by the company on April 24, 2025.

·Brazil
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Globo broke the news in Brazil on Thursday, May 29, 2025.
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