Ukrainian tutor search service Preply enters the Brazilian market

Ukrainian tutor search service Preply enters the Brazilian market

28.01.2016 News

Internet service Preply, that was designed for searching of local and online tutors, announced the release to the Brazilian market. For this purpose, the company made a localization to Portuguese, implemented the accepting of payments in reais, and hired a Brazilian student Lucia in Kiev office. Her responsibilities will include support for tutors in the Portuguese language and the study of market in native language.

The company said that they have already received the first payments from Brazil. Currently the database of Preply already includes about 300 teachers from Brazil. Although this is a small figure, the co-founder of the CEO startup, Kirill Bigay hopes to quickly build up a base due to “moderate level of competition in the local market.”

Interest in  Brazil Preply explained by the level of development of its economy and scales. In terms of GDP on the continent this country is second after the United States, occupying the ninth place in the top of the 10 largest economies in the world. In addition, Brazil is the fifth country in the world in terms of population – according to the World Bank, in 2014 it amounted to 206.1 million people. “Only in San Paulo live  11 million people – more than in all Uruguay, for example. We just focus primarily on major metropolitan area”,- said Bigay.

“We have ambitious plans: in the course of the year to enter the top three in our niche in the Brazilian market. For comparison, the share of the Polish market for the year in the Preply income structure was 5%. The population of this country is roughly comparable with Ukraine, while in Brazil live in 5-6 times more of our potential customers “, – said Kirill.

There are  features of this market. According Statists, in Brazil there are more than 55% of the population have access to the Internet, and the proportion of the population connected to the network continues to grow by about 5% a year. Despite the relatively high level of Internet penetration in the country continues to maintain the popularity of the traditional model, which involves individual meetings with student tutor. Therefore, the Preply platform has implemented a teachers search engine in the immediate vicinity of the interest mailing index.

Ukrainians  continue to conquer the most different countries of America, both South and North. Earlier, the Dnipropetrovsk development studio GOS Systems has entered the market of Mexico with the payment application.

Source: ain.ua

Other articles

Read also

Ukrainian tutor search service Preply enters the Brazilian market
News

Now You Can Improve Your Chances to Open a Successful Trade

Your approach to trading matters. There are times when your trades have more chances to succeed. Try to build your trading plan around the periods with the highest liquidity and make sure to avoid the market in most dangerous times. The Most Suitable Periods Your ability to open and close trades at the best price […]

Next
Ukrainian tutor search service Preply enters the Brazilian market
News

The value of bitcoin has exceeded $ 60 thousand again

The most popular cryptocurrency bitcoin has risen again to 60 thousand dollars. Its value increases on the news of a possible reduction in supply. Reuters writes about it. Note that bitcoin first took this bar on March 13, reaching a record high of $ 61,781.83 on the Bitstamp exchange. This came immediately after US President […]

Next
Ukrainian tutor search service Preply enters the Brazilian market
News

Swedish traditions with a Ukrainian soul

HOW IT ALL BEGAN Sweden, the homeland of the Lantmannen concern, has rich traditions of farmers unions. Those unions were established on the principles of democratic governance, quality control, fair profit distribution. The Lantmannen company was set up on the basis of one of those principles in 1880. Over 100 years, the company has been […]

Next
Ukrainian tutor search service Preply enters the Brazilian market
News

Visa will start making payments in cryptocurrency

The Visa payment system will allow the use of the USD Coin stablecoin for settlements in its network, the company said in a press release. The payment system has launched a pilot project in conjunction with the cryptocurrency platform Crypto.com and plans to offer the opportunity to conduct transactions with this cryptocurrency to partners in […]

Next
Ukrainian tutor search service Preply enters the Brazilian market
News

Google has invested in the Indonesian unicorn Tokopedia

IT giant Google and Singapore’s state-owned investment company Temasek have invested in Indonesia’s largest online store Tokopedia, writes Nikkei Asian Review. The amount of investments is not disclosed. In October, Bloomberg reported that Tokopedia was going to raise about $ 350 million from Google and Temasek. This is Google’s second investment in the Indonesian unicorn. […]

Next
Ukrainian tutor search service Preply enters the Brazilian market
News

Tesla is recalling 50,000 vehicles

Tesla is recalling about 50,000 Model S and Model X cars manufactured in the United States in different years and imported to China due to the identified suspension problems. This was reported on its website by the Chinese State Administration of Market Regulation. According to the statement of the Chinese regulator, almost 30 thousand Model […]

Next
Ukrainian tutor search service Preply enters the Brazilian market
News

Oil has recovered the maximum since January 2020

World oil prices at the auction on Thursday, June 3, updated for a maximum of four months. Thus, August futures on Brent reached $ 71.84 per barrel, which is the highest since January 2020. July futures on the WTI are trading above $ 69 per barrel – a maximum of October 22, 2018. Quotes are […]

Next
Ukrainian tutor search service Preply enters the Brazilian market
News

BlackBerry shares have soared. The company will start working with Amazon

Shares of BlackBerry jumped sharply on auction on December 1 after the news of a partnership with Amazon Web Service. TechCrunch writes that together they will develop and sell a service for connected cars – IVY platform. Stock quotes at the beginning of trading on the New York Stock Exchange (NYSE) rose by 35%. The […]

Next
Ukrainian tutor search service Preply enters the Brazilian market
News

The financial group VTB will sell BM Bank

Press service of the international financial group VTB-Ukraine has confirmed the information about the planned sale of BM Bank. According to the official statement of the company, approval of decisions on the operation are going to realize till the 1 of March 2017 year. It is also worth noting that potential investors have already received […]

Next
Ukrainian tutor search service Preply enters the Brazilian market
News

Saudi Aramco has stopped investing in a petrochemical complex in China

According to Bloomberg sources, state oil company Saudi Aramco of Saudi Arabia has stopped investing in a project of building oil refinery and petrochemical complex in China, estimated at $ 10 billion. The decision to terminate the investment was made after talks with Chinese partners and it is associated with high uncertainty about the prospects […]

Next
Ukrainian tutor search service Preply enters the Brazilian market
News

The manufacturer of artificial beef can enter the stock exchange in 2021

The American producer of vegetable meat products Impossible Foods expects that investors will estimate it at $ 10 billion during the listing. The company plans to go public this year, but has not yet decided how to become a public company, reports Reuters, citing knowledgeable interlocutors. According to them, the company is now exploring the […]

Next
Ukrainian tutor search service Preply enters the Brazilian market
News

Founder of the EBay, Pierre Omidyar, has left the company’s board of directors

Founder of the platform for online auctions of the eBay Pierre Omidyar will leave the company’s board of directors and receive the title of Director Emeritus, according to release in the eBay. “For 25 years I have proudly watched as the company that I created, opened up the economic opportunities for people around the world. […]

Next
Ukrainian tutor search service Preply enters the Brazilian market
News

Radisson Hotel Group becomes world’s first hotel group to offer carbon negative meetings

Radisson Hotel Group is proud to be the world’s first hotel group to make all meetings and events across 400+ hotels in its EMEA portfolio carbon negative. For every event taking place at its participating hotels, Radisson Hotel Group will offset double the carbon footprint, to ensure that every meeting has a positive impact on […]

Next
Ukrainian tutor search service Preply enters the Brazilian market
News

Daimler will pay $ 1.5 billion under a settlement agreement in the United States

German automaker Daimler AG and its US subsidiary Mercedes-Benz have agreed to pay $ 1.5 billion to the US government and California regulators as part of a friendly settlement of a dispute over the manipulation of data on the content of a harmful substances in the exhaust gases of the company’s diesel engines. This stated […]

Next
Ukrainian tutor search service Preply enters the Brazilian market
News

Ukraine’s gas storage facilities are half-full

Gas reserves in Ukraine decreased to 15.47 billion cubic meters, which is 50% of underground storage capacity. This is evidenced by the data of the GTS Operator of Ukraine. As of April 17, gas reserves were 4% lower than a year earlier. It will be recalled that Ukraine has started the heating season with record […]

Next
Ukrainian tutor search service Preply enters the Brazilian market
News

French company Essilor takes over Italian manufacturer Luxottica for $ 24 billion

International Company – manufacturer of optical equipment and lenses Essilor International S.A. will buy the Italian company – the manufacturer of glasses Luxottica Group S.p.A., which owns the brand Ray Ban. The acquisition price is $ 24 billion. About the transaction has informed agency Bloomberg L. P. in the early part of the week on […]

Next
WP2Social Auto Publish Powered By : XYZScripts.com