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Grupo Elektra expanded further and became Mexico's biggest consumer-finance company when, in 2002, it won the first banking license granted to any Mexican institution in nearly a decade. The strategy was to build new markets by creating new buying power among classes of people largely ignored by most other major Mexican businesses.
An entrepreneur is a person who sets up a business or multiple businesses (serial entrepreneur). Entrepreneurship may be defined as the creation or extraction of economic value. It is generally thought to embrace risks beyond what is normally encountered in starting a business. Its motivation can include other values than simply economic ones.
MEXICO CITY (Reuters) -Mexican President Claudia Sheinbaum on Monday rolled out her administration's roadmap to make the nation one of the world's top economies by the time she leaves office.
This list is based on the Forbes Global 2000, which ranks the world's 2,000 largest publicly traded companies.The Forbes list takes into account a multitude of factors, including the revenue, net profit, total assets and market value of each company; each factor is given a weighted rank in terms of importance when considering the overall ranking.
Walmex, Walmart's business in Mexico and Central America, announced in March that it will invest $34.5 billion pesos, or around $1.8 billion, into the region this year, a 19% jump over the ...
Sheinbaum has suggested that she will promote Mexico as an ideal destination for near-shoring, the trend whereby U.S. multinationals are seeking to move some of their factories away from China and ...
As of 2006 there were about 4 million enterprises in Mexico. Out of those 4 million, 99.8% were small and medium enterprises. About 52% of the Mexican GDP is generated by small and medium size enterprises, while the remaining 48% relies on large enterprises. Small and medium size enterprises make up 72% of the formal employment in Mexico. PyMEs ...
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