VTEX (NYSE:VTEX) is looking for M&A. Mariano Gomide de Faria, Founder and Co-Chief Executive Officer said, "The capital allocation, we will be always open for M&A, as we always be. What we are seeing is that, we will be very curated in the way we analyze the M&A opportunities right now in this market in this location. So we want to see the kind of the right prices for the right companies with the right values.

So we will always be looking for M&A. But this is not the case that we are seeing like heavy opportunities right now in the market".