After losing industries, Osasco becomes a technology hub

In the last five years, at least ten big tech companies have moved to the city, especially the last three.

Before industrial and then dependent on commerce, the municipality of Greater São Paulo now attracts companies such as iFood, Mercado Livre, B2W, Rappi, Shopee

02/21/2022

From an industrial city two decades ago to a phase more dependent on commerce, Osasco, in Greater São Paulo, changed its vocation again and is now on its way to becoming a technological center in the area of services. In the last five years, at least ten big tech companies have moved to the city, especially the last three.

After the arrival of Mercado Livre, in 2016 and iFood, in 2018, followed (not in that order) B2W, Dafiti, Facily, Rappi, Shopee, Shopper, and Ascenty – which this year will open its fourth local unit, with an investment of R$ 220 million. Uber and 99 are finalizing their local offices to be opened by the end of the year.

These companies were among those that helped the municipality with over 700,000 inhabitants to rank first in the list of those that had the highest percentage growth in job creation in 2021. Together, they currently employ 42,170 employees and many of them continue to hire this year.

"There was a lot of talks that Osasco would become a bedroom community," says Gerson Pessoa, Secretary of Technology, Innovation, and Economic Development. The city then started working to change its vocation to the service sector and ended up benefiting from the wave of technology companies brought about by the pandemic.

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