Hugo is a startup headquartered in San Salvador, El Salvador responsible for the homonymous on-demand delivery app. In 2018, the company revenue in Central America amounted to approximately 16 million U.S. dollars. In July 2019, the CFO of Hugo stated that the startup's intended revenue for the year of 2021 was 50 million U.S. dollars. That would represent an increase of over 210 percent. Likewise, e-commerce in Latin America altogether is predicted to keep expanding in the near future.
Revenue generated by hugoapp in Central America in 2018 and 2021
(in million U.S. dollars)
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La Prensa (Honduras). (July 1, 2019). Revenue generated by hugoapp in Central America in 2018 and 2021 (in million U.S. dollars) [Graph]. In Statista. Retrieved January 17, 2025, from https://www.statista.com/statistics/1096365/hugo-app-revenue/?__sso_cookie_checker=failed
La Prensa (Honduras). "Revenue generated by hugoapp in Central America in 2018 and 2021 (in million U.S. dollars)." Chart. July 1, 2019. Statista. Accessed January 17, 2025. https://www.statista.com/statistics/1096365/hugo-app-revenue/?__sso_cookie_checker=failed
La Prensa (Honduras). (2019). Revenue generated by hugoapp in Central America in 2018 and 2021 (in million U.S. dollars). Statista. Statista Inc.. Accessed: January 17, 2025. https://www.statista.com/statistics/1096365/hugo-app-revenue/?__sso_cookie_checker=failed
La Prensa (Honduras). "Revenue Generated by Hugoapp in Central America in 2018 and 2021 (in Million U.S. Dollars)." Statista, Statista Inc., 1 Jul 2019, https://www.statista.com/statistics/1096365/hugo-app-revenue/?__sso_cookie_checker=failed
La Prensa (Honduras), Revenue generated by hugoapp in Central America in 2018 and 2021 (in million U.S. dollars) Statista, https://www.statista.com/statistics/1096365/hugo-app-revenue/?__sso_cookie_checker=failed (last visited January 17, 2025)
Revenue generated by hugoapp in Central America in 2018 and 2021 (in million U.S. dollars) [Graph], La Prensa (Honduras), July 1, 2019. [Online]. Available: https://www.statista.com/statistics/1096365/hugo-app-revenue/?__sso_cookie_checker=failed
