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, Califor ...

and Telefonica‘s startup accelerator

Wayra Wayra is a technological innovation hub, which was started in Latin America and Spain in 2011 as an initiative of Telefónica's chief executive in Europe, José María Álvarez-Pallete. Wayra operates through 11 hubs in 10 countries within Telefón ...

. It participated also in the

Start-Up Chile Start-Up Chile is a seed accelerator created by the Chilean government, based in Santiago de Chile. It provides equity free investment for qualified startups. The program The program is managed by CORFO, the Chilean Economic Development Agency, vi ...

’s acceleration program. In 2014, Cinepapaya received a $2M investment from Brazilian internet conglomerate Movile. As of May 2015, Cinepapaya was transactional in Peru, Chile and Colombia, 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 ticketing company that sells movie tickets via their website as well as through their mobile app, as well as a provider of television and streaming media information through its subsidiary Rotten Tomatoes. ...

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 MovieTickets.com is an online movie ticketing website founded by AMC Theatres and Hollywood.com in 2000; CBS Corporation, Famous Players, and National Amusements all came on board prior to launch; and it is now a subsidiary of Fandango Media. Mov ...

and gained more market shares in Latin America. In October 2018, Fandango Latam announced several multi-year deals with

Cinépolis Cinépolis is a Mexican and international movie theater chain. Its name means ''City of Cinema'' and its slogan is ''La Capital del Cine'' ( en, the Capital of Cinema). Cinépolis was the biggest cineplex chain in Mexico, with 427 theaters in ...

Cinemark Theatres Cinemark Holdings, Inc. (stylized as CineMark from 1998 to 2022 and CINEMARK since 2022) is an American movie theater chain that started operations in 1984 and since then it has operated theaters with hundreds of locations throughout the Americ ...

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. It is the controlling shareholder of Paramount Global. History The ...

, and

Cinemex Cinemex is a Mexican chain of cinemas. It operates multiplexes in cities such as Mexico City, Guadalajara, Monterrey, Toluca, Cd. Juarez, Leon, Tijuana, Mexicali, Puebla and other Mexican cities. In 2015, Cinemex began to expand into the Unite ...

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

Awards

TNW Latin America 2012 - Day 1 (7995890361)

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

APEC The Asia-Pacific Economic Cooperation (APEC ) is an inter-governmental forum for 21 member economies in the Pacific Rim that promotes free trade throughout the Asia-Pacific Asia-Pacific (APAC) is the part of the world near the western Pac ...

References

{{Fandango

Latam LATAM Airlines Group S.A. is an airline holding company headquartered in Santiago, Chile. It is considered the largest airline company in Latin America with subsidiaries in Brazil, Colombia, Ecuador, Paraguay and Peru. The company filed for Ch ...

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