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In its Series C funding round led by SoftBank, Kavak reached a valuation of $1.15 billion in 2020, becoming Mexico's first unicorn startup. [10] By 2021, after raising $700 million in its Series E round, Kavak's valuation soared to over $8.7 billion, making it Latin America 's highest-valuation startup.
Soriana 1920s logo. The very first Soriana store. The Soriana company has its origins in 1905, the year in which Don Pascual Borque (from Soria, Spain) founded a fabric business and perfumery under the name 'LA SORIANA' in Torreón, Coahuila, later incorporating in 1920, a wholesale merchandise offer, which with this became a benchmark in terms of purchases and consumption in Torreón.
Mexico Aurrerá – acquired by and rebranded to Wal-Mart; Germany Plus - closed in 20 November 2010, later the stores acquired by Carrefour in 21 November 2010; Mexico Blanco – acquired by Gigante which at once, acquired by Soriana in 2007; Mexico Gigante – acquired by Soriana; Mexico Comercial Mexicana
Mexibús Line III was the second line in service. It runs 23 kilometers from Pantitlán (transfer for multiple lines of the Mexico City Metro) in Mexico City proper to Chimalhuacán and Chicoloapan municipalities of the State of Mexico. The concessionaire is Red de Transporte de Oriente S.A. de C.V. [1] There are 45 stations, 3 terminals, and ...
Grupo Bimbo began operations in Mexico City [10] on December 2, 1945, with Panificación Bimbo, S.A. as the official name. [11] The company started with 34 employees, [12] selling cellophane-wrapped large and small white loaf bread, rye bread, and toast bread. [13]
Passenger service was originally planned to return to the FA Line in March 2024, [8] although by 1 March, the federal government of Mexico was planning on beginning passenger service "in the middle of 2024". [9] On September 13, 2024, passenger service was reopened on the FA line from Coatzacoalcos to Pakal Ná (Palenque). [10]
Mexico is the second-largest Spanish-speaking music market in the world, slightly behind Spain, based on retail value. [1] [2] Although long plagued by piracy, [3] the domestic market has strengthened in recent years due to strong growth from digital and streaming services, which account for 66% of the overall value, according to the International Federation of the Phonographic Industry. [4]
The Interoceanic Train of the Isthmus of Tehuantepec (Spanish: Tren Interoceánico del Istmo de Tehuantepec) is a government-owned railway system in Mexico that has 3 lines. It seeks to become a global logistics network focused on the manufacture and movement of goods between the Pacific Ocean and the Atlantic Ocean through the Isthmus of ...