Insights

Growing Ecommerce Market Favo operates within the rapidly expanding retail sector in Latin America, targeting the democratization of e-commerce to enable millions of new digital consumers and entrepreneurs. This presents an opportunity to offer tailored digital marketing, logistical solutions, or payment processing services to support their growth.

Tech-Driven Engagement Utilizing a modern tech stack that includes tools like Google Optimize and Hotjar indicates Favo’s focus on user experience and data-driven decision making. Sales opportunities exist in providing advanced analytics, personalization solutions, or UX optimization tools that can further enhance their platform.

Investment and Revenue Range With a funding amount of $25M and revenues between $10M and $25M, Favo is positioned at an advantageous stage for targeted sales strategies aimed at scaling operations, improving infrastructure, or expanding features through SaaS offerings, infrastructure upgrades, or strategic consulting.

Regional Expansion Potential As a company based in Lima Peru with a focus on Latin America, Favo presents opportunities for regional expansion initiatives, especially in logistics, fintech, or localized marketing solutions to deepen their market penetration across diverse Latin American segments.

Competitive Positioning Favo’s mission to democratize e-commerce aligns with broader market trends emphasizing accessible online retail platforms. Offering innovative tools for small entrepreneurs or scalable solutions for digital storefront management could rapidly attract their target user base, supporting their mission and growth.

Favo Tech Stack

Favo uses 8 technology products and services including Google Optimize, Hotjar, Facebook Pixel, and more. Explore Favo's tech stack below.

  • Google Optimize
    A/B Testing
  • Hotjar
    Analytics
  • Facebook Pixel
    Analytics
  • Select2
    Javascript Libraries
  • Slick
    Javascript Libraries
  • Lua
    Programming Languages
  • PHP
    Programming Languages
  • Elfsight
    Widgets

Media & News

Favo's Email Address Formats

Favo uses at least 1 format(s):
Favo Email FormatsExamplePercentage
First.Last@mercadofavo.comJohn.Doe@mercadofavo.com
69%
First.Middle@mercadofavo.comJohn.Michael@mercadofavo.com
16%
First@mercadofavo.comJohn@mercadofavo.com
13%
Last@mercadofavo.comDoe@mercadofavo.com
2%

Frequently Asked Questions

Where is Favo's headquarters located?

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Favo's main headquarters is located at Lima Peru. The company has employees across 4 continents, including South AmericaEuropeAsia.

What is Favo's stock symbol?

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Favo is a publicly traded company; the company's stock symbol is GFGF.

What is Favo's official website and social media links?

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Favo's official website is mercadofavo.com and has social profiles on LinkedInCrunchbase.

What is Favo's NAICS code?

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Favo's NAICS code is 44-45 - Retail Trade.

How many employees does Favo have currently?

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As of February 2026, Favo has approximately 254 employees across 4 continents, including South AmericaEuropeAsia. Key team members include Group Chief Financial Officer: J. C.Owner: P. T.Customer Experience Head: E. A. R.. Explore Favo's employee directory with LeadIQ.

What industry does Favo belong to?

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Favo operates in the Retail industry.

What technology does Favo use?

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Favo's tech stack includes Google OptimizeHotjarFacebook PixelSelect2SlickLuaPHPElfsight.

What is Favo's email format?

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Favo's email format typically follows the pattern of First.Last@mercadofavo.com. Find more Favo email formats with LeadIQ.

How much funding has Favo raised to date?

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As of February 2026, Favo has raised $25M in funding. The last funding round occurred on Oct 06, 2021 for $25M.

When was Favo founded?

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Favo was founded in 2019.

Favo

RetailLima, Peru201-500 Employees

Democratizar el e-commerce en América Latina Para que millones de nuevos clientes digitales puedan tener economía y comodidad y para los que quieren ser emprendedores tengan oportunidades reales de generar ingresos y sin inversión.

Section iconCompany Overview

Headquarters
Lima Peru
Stock Symbol
GFGF
NAICS Code
44-45 - Retail Trade
Founded
2019
Employees
201-500

Section iconFunding & Financials

  • $25M

    Favo has raised a total of $25M of funding over 3 rounds. Their latest funding round was raised on Oct 06, 2021 in the amount of $25M.

  • $10M$25M

    Favo's revenue is estimated to be in the range of $10M$25M

Section iconFunding & Financials

  • $25M

    Favo has raised a total of $25M of funding over 3 rounds. Their latest funding round was raised on Oct 06, 2021 in the amount of $25M.

  • $10M$25M

    Favo's revenue is estimated to be in the range of $10M$25M

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