Fandango Latam, previously known as Cinepapaya, is a company selling movie tickets online and through mobile devices. It also provides showtime information and movie related content.

History

Fandango Latam started as Cinepapaya in 2012, getting funding from

500 Startups 500 Global (previously 500 Startups) is an early-stage venture fund and seed accelerator founded in 2010 by Dave McClure and Christine Tsai. The fund admitted a first "class" of twelve startups to its incubator office in Mountain View, Californ ...

and Telefonica‘s startup accelerator Wayra. It participated also in the Start-Up Chile’s acceleration program. In 2014, Cinepapaya received a $2M investment from Brazilian internet conglomerate Movile. As of May 2015, Cinepapaya was transactional in

Peru Peru, officially the Republic of Peru, is a country in western South America. It is bordered in the north by Ecuador and Colombia, in the east by Brazil, in the southeast by Bolivia, in the south by Chile, and in the south and west by the Pac ...

Chile Chile, officially the Republic of Chile, is a country in western South America. It is the southernmost country in the world and the closest to Antarctica, stretching along a narrow strip of land between the Andes, Andes Mountains and the Paci ...

and

Colombia Colombia, officially the Republic of Colombia, is a country primarily located in South America with Insular region of Colombia, insular regions in North America. The Colombian mainland is bordered by the Caribbean Sea to the north, Venezuel ...

, and served content in 17 countries in South America (as for May 2015), expecting to close 2015 with 20 countries, and then venture into other emerging markets. In December 2016,

Fandango Media Fandango Media, LLC is an American Box office, ticketing company that sells Ticket (admission), movie tickets via its website and its mobile app. It also owns Fandango at Home (formerly owned by Walmart and originally known as Vudu), a streaming ...

purchased Cinepapaya, for an undisclosed amount. Fandango had previously acquired Cinepapaya's Brazilian competitor Ingresso in 2015, and merged the two entities to create Fandango Latam. In March 2017, Fandango announced a new branding strategy for its Latin American assets, and definitely switched its name from Cinepapaya to Fandango Latam. In October 2017, Fandango acquired MovieTickets.com and gained more market shares in Latin America. In October 2018, Fandango Latam announced several multi-year deals with

Cinépolis Cinépolis is a Mexico-based international movie theater chain. Its name means ''City of Cinema'' and its slogan is ''La Capital del Cine'' (). Cinépolis was the biggest cineplex chain in Mexico, with 427 theaters in 97 cities. It is also th ...

Cinemark Theatres Cinemark Holdings, Inc. (stylized as CineMark from 1998 until 2022 and in all caps since 2022) is an American movie theater chain that started operations in 1977 and since then it has operated theaters with hundreds of locations throughout the A ...

National Amusements National Amusements, Inc. is an American privately owned movie theater operator and mass media holding company incorporated in Maryland and based in Norwood, Massachusetts. The company owned 69 theaters and 667 screens throughout the United Stat ...

, and Cinemex, adding 5,000 new screens to Fandango s Latin American inventory. This deal turned Fandango into the largest online ticketer in

Latin America Latin America is the cultural region of the Americas where Romance languages are predominantly spoken, primarily Spanish language, Spanish and Portuguese language, Portuguese. Latin America is defined according to cultural identity, not geogr ...

Awards

* 2012: 2nd place in TNW Conference Latin America's Start-Up Battle * 2013: 1st place in Intel Challenge

APEC Asia-Pacific Economic Cooperation (APEC ) is an inter-governmental forum for 21 member economy , economies in the Pacific Rim that promotes free trade throughout the Asia-Pacific region. Following the success of Association of Southeast Asia ...

References

{{Fandango Latam Ticket sales companies Companies of Peru Internet properties established in 2012 2012 establishments in Peru