Brazilian Online Home Goods Seller MadeiraMadeira Raises $190M Led By SoftBank, Dynamo Brazilian online home goods platform MadeiraMadeira has raised $190 million in a new funding round that valued it above $1 billion, the company said on Thursday.

Huawei to build $800m factory in Brazil for 5G rollout Huawei Technologies, China's largest telecommunications equipment maker, will invest $800 million to build a factory in Brazil by 2022 as the South American country plans to roll out its fifth-generation wireless network.

Huawei restarted its smartphone business in Brazil and plans to produce it locally Huawei has launched its smartphone business in Brazil and maintained plans to establish a local manufacturing business in Brazil.

Ant Financial Participated in The IPO of A Brazilian Bank Card Processing Company with $100 Million Investment Ant Financial has pledged to invest $100 million in the IPO of the Brazilian bank card processing company named StoneCo, Reuters reported.

Tencent Will Invest $200 Million in Brazilian Fintech Startup NUBANK Tencent has agreed to invest about $200 million in Brazil's Nubank，which is currently valued at about $4 billion.