App delivery drivers now have the option to apply for financing for motorcycles, scooters, mopeds, and electric bicycles through the Move Brasil program. This federal government initiative officially came into effect last Monday, the 27th, offering advantageous credit conditions so that these professionals can modernize their fleets with new vehicles manufactured in Brazil.
The central purpose of the program is to assist delivery cyclists, app drivers (motoapps), motorcycle taxi drivers, and motorcycle couriers. With it, these workers can acquire newer, more efficient vehicles, and in some cases, electric models.
Credit lines will be made available by partner banks and financial institutions, including Caixa Econômica Federal and Banco do Brasil. An important point is that the government will cover any defaults from iFood drivers who cannot pay for the motorcycle.
To apply for the credit, the worker must first be registered in the program using the Gov.br account and await confirmation of their eligibility, which must be issued within five business days. After this step, the interested party must approach one of the participating financial institutions to undergo a credit analysis.
The financing is restricted to vehicles produced in Brazil starting from 2024 and duly approved by the program. It is important to note that the approved amount is transferred directly to the vehicle supplier, not to the worker themselves. As with any credit operation, the completion of the purchase depends on the approval of the financial institution.
One of the great attractions of Move Brasil is the financing conditions. The program offers interest rates of 0.99% per month for men and 0.91% per month for women. Additionally, there is a grace period of 60 days before installment payments begin. The maximum term stipulated for the financing is 48 months.
When the federal government announced the program, it was specified that each worker could finance up to R$ 20 thousand for the acquisition of a new vehicle. Another relevant benefit is the use of the Guarantee Fund for Operations (FGO), which serves as partial collateral for banks. In case of default, this fund covers part of the financial institution's loss, which reduces the risk of the operation and makes it possible to offer lower interest rates.
The program is exclusively aimed at workers of digital delivery platforms. To be considered eligible, professionals must prove they are active in the activity and meet the criteria defined by the government, such as working in the role for a minimum of six months and achieving a minimum number of deliveries during that period. Only after validating this information can the worker apply for financing at the accredited banks.
In the initial phase, Move Brasil covers 14 national models and versions, encompassing motorcycles, scooters, and electric options, manufactured by Honda, Yamaha, and Vammo. Among the listed models are the Honda Biz 125 EX (Flex), CG 160 Cargo (Flex), CG 160 Fan (Flex), CG 160 Titan (Flex), NXR 160 Bros CBS (Flex), NXR 160 Bros ABS (Flex), Yamaha Factor 150 STD (Flex), Factor 150 DX (Flex), FZ15 ABS (Flex), Crosser S ABS (Flex), Crosser Z ABS (Flex), Neo’s (Electric), Vammo Vmoto Comfort 4 kW (with two batteries), and Vmoto Comfort 4 kW (without batteries).
These models were selected because they reflect the reality of delivery drivers, being mostly low and medium-displacement motorcycles widely used in daily delivery operations. Popular vehicles such as Honda CG 160 Fan, CG 160 Cargo, Honda Bros 160, Yamaha Factor 150, FZ15, and Crosser 150 are known for their low maintenance costs and reduced fuel consumption. Additionally, the program encourages fleet electrification by including electric options, such as the Yamaha Neo’s and the Vmoto Comfort 4 kW.
99Compras has officially started its activities in the city of São Paulo, making it possible to purchase supermarket products and various other categories through the 99 application. This service is already available in approximately 20 municipalities in the São Paulo metropolitan area and positions itself as a direct competitor to platforms such as iFood and Amazon Now.
The formal launch took place on Tuesday, July 28th. In addition to the capital, the service reaches neighboring cities such as Barueri, Carapicuíba, Itaquaquecetuba, and Mauá. Although 99Compras was introduced in April of this year with a pilot phase in Goiânia (GO), its consolidation is marked by its arrival in the São Paulo capital and surrounding cities, due to the high population concentration of the region.
The platform is not limited to supermarket items; it allows users to purchase products from pharmacies, pet shops, florists, and household goods. To support this variety, 99Compras mobilizes a network composed of over 3,000 commercial partners, including major names such as Americanas, Atacadão, Carrefour, Cobasi, Nissei, Petz, and Ultrafarma.
Additionally, the service has about 200,000 registered delivery drivers, offering flexibility for immediate or scheduled delivery. Talita Poleto, Commercial Director of 99Compras, emphasized the goal of offering a unique experience combining competitive prices, convenience, logistical excellence, and differentiation in a single platform.
The entry of 99Compras intensifies competition in the mobile purchasing market in the region. It competes with iFood, which also offers supermarket purchases and related items, and with Amazon Now, which began operating in São Paulo in March with a similar proposal. To boost adoption in the capital and surroundings, 99 is promoting discount coupons of up to R$ 99 and offering free shipping on the first two orders.
Phoenix Mills, a real estate developer based in Mumbai, announced a 23% increase in net profit for the quarter ending June 30, 2026. Net profit in the first quarter of the fiscal year 2027 reached INR 393.55 crore, compared to INR 319.92 crore in the first quarter of the fiscal year 2026.
Year-on-year revenue growth was 12.8% in the first quarter of the fiscal year 2027, increasing to INR 1,074.94 crore from INR 952.99 crore in the same period last year. The EBITDA metric also showed a year-over-year growth of 13.83%, rising from INR 564 crore in the first quarter of the fiscal year 2026 to INR 642 crore in the first quarter of the fiscal year 2027.
However, when looking at the data sequentially, Phoenix Mills recorded a decline. Net profit in the first quarter of the fiscal year 2027 decreased by 18.98% compared to the previous quarter, falling from INR 485.72 crore in the fourth quarter of the fiscal year 2026 to INR 393.55 crore. Similarly, EBITDA decreased by 14.4% quarter-over-quarter, dropping from INR 750 crore in the fourth quarter of the fiscal year 2026.
Furthermore, reported revenue declined from INR 1,233.20 crore in the previous quarter to INR 1,074.94 crore, corresponding to a drop of 12.83% on a quarterly basis. Company expenses increased by 7.88% year-on-year, reaching INR 622.76 crore in the first quarter of the fiscal year 2027. Nevertheless, compared to the expenses in the fourth quarter of the fiscal year 2026, there was a decrease of 7.1%.
Phoenix Mills' portfolio includes mixed-use complexes with a focus on retail, such as shopping malls, commercial offices, and hotel properties, as well as residential assets. The company manages 12 shopping malls in eight cities, along with the St. Regis Hotel in Mumbai and Courtyard by Marriott in Agra. Among the premium residential projects in Bengaluru are One Bangalore West and Kessaku.
Due to Kyiv's attacks on oil refineries and depots in Russia, there has been a fuel shortage in various Russian areas, including the annexed Crimean Peninsula. This scarcity led many of the affected zones to impose limits on the amount of fuel that could be traded, resulting in long queues of vehicles waiting for refueling and demonstrations.
Between Monday and today, local authorities and media outlets confirmed that these restrictions have been suspended or eased in at least seven regions. These include Moscow and St. Petersburg, as well as southern areas that were particularly affected by the lack of supply.
This easing occurred after Russia announced on Saturday the extension of the gasoline export ban until the end of the year, as part of measures aimed at stabilizing the market. To deal with the shortage, Russia, being a major global oil producer, had vetoed exports of gasoline and diesel, a measure that remains active for now.
In Russian capitals and the country's second-largest city, oil companies such as Lukoil, Teboil, and Gazprom have partially or fully suspended the limits imposed on fuel purchases at their stations. Furthermore, local media reported the easing or complete revocation of restrictions in the regions of Rostov, Volgograd, Stavropol, and Krasnodar, located in the southwest, as well as in the Omsk region in Siberia.
Alexandr Novak, the Russian Deputy Prime Minister in charge of energy, guaranteed on Saturday that the situation was gradually normalizing and that several refineries had resumed operations following the Ukrainian attacks. According to Novak, there has been a considerable improvement in fuel supply at gas stations, covering even agricultural producers.
