# Movida

> Brazilian car rental and used car sales company

**Wikidata**: [Q106632587](https://www.wikidata.org/wiki/Q106632587)  
**Source**: https://4ort.xyz/entity/movida

## Summary
Movida is a Brazilian company specializing in car rental and used car sales, established in 2006. It operates as a public company listed on the São Paulo Stock Exchange (ticker: MOVI3) and is recognized for its integrated automotive services in Brazil.

## Key Facts
- Founded in 2006 in Brazil.
- Operates as a public company (Sociedade por Ações Simplificada) listed on the São Paulo Stock Exchange under the ticker symbol MOVI3 since September 30, 2021.
- Provides car rental and used car sales services.
- Legal entity identifier: 969500DWJNJBSRO7U567.
- Crunchbase organization ID: movida-participacoes.
- Official website: https://www.movida.com.br/.
- Verified social media profiles: Twitter (@MovidaRentaCar) and Facebook (@MovidaRentaCar).
- Social media followers: 33,990 on Twitter (as of February 7, 2023) and 33,670 on Facebook (verified account).
- Wikidata description: "Brazilian car rental and used car sales company."
- OSM Name Suggestion Index ID: movida-7721c7.

## FAQs
**What is Movida?**  
Movida is a Brazilian automotive company offering car rental services and used car sales, founded in 2006 and publicly traded on the São Paulo Stock Exchange.

**When was Movida established?**  
The company was founded in 2006.

**Where is Movida based?**  
It operates primarily in Brazil, with no specific headquarters location provided in the source material.

**What services does Movida provide?**  
Movida specializes in car rentals and the sale of used vehicles, catering to both individual and corporate clients.

**Is Movida a public company?**  
Yes, Movida is a public company (Sociedade por Ações Simplificada) listed on the São Paulo Stock Exchange under the ticker MOVI3 since 2021.

**How is Movida governed?**  
As a public company, it is governed by a board of directors and shareholders, adhering to regulatory requirements for transparency and disclosure.

## Why It Matters
Movida plays a significant role in Brazil’s automotive sector by providing accessible car rental solutions and facilitating used vehicle sales. As a publicly traded company, it contributes to the national economy by generating revenue, creating jobs, and offering investment opportunities on the São Paulo Stock Exchange. Its dual focus on rentals and sales addresses diverse mobility needs, supporting both personal and business transportation requirements in Brazil.

## Notable For
- Being a publicly traded Brazilian company (ticker: MOVI3) in the automotive sector.
- Offering integrated car rental and used car sales services under a single brand.
- Maintaining verified social media profiles with a combined following of over 67,000 users (as of 2023).
- Utilizing a Sociedade por Ações Simplificada (SAS) legal structure, streamlining corporate governance.
- Having a unique Legal Entity Identifier (LEI) and Crunchbase profile for financial and business tracking.

## Body

### History
Movida was founded in 2006 in Brazil. The company went public with an initial public offering (IPO) on the São Paulo Stock Exchange on September 30, 2021, under the ticker symbol MOVI3. This milestone marked its transition to a publicly traded entity, enabling broader access to capital and investor engagement.

### Corporate Structure
Movida operates under the legal form *société par actions simplifiée* (Sociedade por Ações Simplificada), a streamlined corporate structure common in Brazil. As a public company, it is governed by a board of directors and shareholders, with regulatory obligations to disclose financial and operational information. Its Legal Entity Identifier (LEI) is 969500DWJNJBSRO7U567, facilitating global identification in financial systems.

### Services
The company’s primary business activities include:
- **Car Rental**: Providing short-term and long-term vehicle rentals to individuals and corporate clients.
- **Used Car Sales**: Offering pre-owned vehicles for purchase, often leveraging its rental fleet for sales stock.

### Digital Presence
Movida maintains an official website at https://www.movida.com.br/ and engages with customers through verified social media profiles:
- **Twitter**: @MovidaRentaCar (33,990 followers as of February 7, 2023).
- **Facebook**: @MovidaRentaCar (33,670 followers, verified account).

### Financials and Listings
Movida is listed on the São Paulo Stock Exchange (B3) under the ticker symbol **MOVI3**, reflecting its status as a publicly traded company. Its Crunchbase profile (ID: movida-participacoes) provides additional details on its corporate structure and financial activities.

### Recognition and Identifiers
The company is recognized in geographic and business databases, including:
- **OSM Name Suggestion Index ID**: movida-7721c7, linking it to open-source mapping projects.
- **Wikidata Description**: "Brazilian car rental and used car sales company," emphasizing its core services and national focus.

### Legal and Regulatory Compliance
As a publicly traded entity, Movida adheres to Brazilian securities regulations, including disclosure requirements for financial reporting and shareholder communications. Its legal structure (SAS) balances flexibility with accountability, typical of modern corporate governance in Brazil.

## References

1. Global LEI Index
2. Name Suggestion Index