The source adds the following information: "We emphasize that the numbers shown may suffer alteration in other studies published by Distrito as the accuracy of information evolves and as a better capacity of interaction with the startups is established over time."
During the first half of 2020, Brazil's startup market experienced ** mergers and acquisitions (M&A). Of those M&A deals, ** were saw by B2B startups, while ** involved B2C startups. In September 2019, the leading Brazilian startup business type was B2B, with almost ** percent of all new startups adopting it.
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Distrito. (August 31, 2020). Number of mergers and acquisitions in Brazil in 1st half 2020, by startup target customer [Graph]. In ÌÇÐÄÆƽâ°æ. Retrieved July 24, 2026, from /statistics/1172178/mergers-acquisitions-amount-startup-target-customer-brazil/
Distrito. "Number of mergers and acquisitions in Brazil in 1st half 2020, by startup target customer." Chart. August 31, 2020. ÌÇÐÄÆƽâ°æ. Accessed July 24, 2026. /statistics/1172178/mergers-acquisitions-amount-startup-target-customer-brazil/
Distrito. (2020). Number of mergers and acquisitions in Brazil in 1st half 2020, by startup target customer. ÌÇÐÄÆƽâ°æ. ÌÇÐÄÆƽâ°æ Inc.. Accessed: July 24, 2026. /statistics/1172178/mergers-acquisitions-amount-startup-target-customer-brazil/
Distrito. "Number of Mergers and Acquisitions in Brazil in 1st Half 2020, by Startup Target Customer." ÌÇÐÄÆƽâ°æ, ÌÇÐÄÆƽâ°æ Inc., 31 Aug 2020, /statistics/1172178/mergers-acquisitions-amount-startup-target-customer-brazil/
Distrito, Number of mergers and acquisitions in Brazil in 1st half 2020, by startup target customer ÌÇÐÄÆƽâ°æ, /statistics/1172178/mergers-acquisitions-amount-startup-target-customer-brazil/ (last visited July 24, 2026)
Number of mergers and acquisitions in Brazil in 1st half 2020, by startup target customer [Graph], Distrito, August 31, 2020. [Online]. Available: /statistics/1172178/mergers-acquisitions-amount-startup-target-customer-brazil/
