What is Favo? Favo Review, Features

What is Favo? Favo Review, Features

Favo is a Brazilian social networking platform founded in 2019 and launched in Peru and Brazil in 2020.

 

About Favo

  • Favo’s social e-commerce model is called “community group buying”: buyers can order up to 3,000 kinds of groceries on the Favo app, the logistics system will fill the order and arrange for batch delivery to the buyer the next day, and then a third party will deliver the “last mile”.

  • Favo now has 160,000 buyers and revenue has grown 30% month-on-month. Since its launch in Brazil in February last year, the platform has delivered more than 700,000 packages in Brazil.

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