Magalu
BrazilE-commerce
Magalu is a Brazilian multi-channel retailer operating an e-commerce platform. It offers a wide range of products through its online marketplace and physical stores, aiming to provide a seamless shopping experience. The company recently raised $130 million from the International Finance Corporation (IFC) to advance its technology, including the development of 'Cérebro da Lu', a generative AI system designed to transform how customers shop. Magalu serves consumers across Brazil and has established a dedicated AI directorate led by Caio Gomes to drive innovation.
3 funding rounds tracked. Follow the profile to review the shared record and its sources.
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Key people
- Caio Gomes Director of Artificial Intelligence