Customers
CFE’s net income falls 43.3% by half of 2026
The Federal Electricity Commission (CFE) reported a 43.3% drop in its net income during the second quarter of the year,…
Kinedyne opens US$1.4 million distribution center
Kinedyne inaugurated its new Distribution Center (CEDIS) in Naucalpan, State of Mexico: a facility that nearly doubles its capacity to…
Despite slow subscription growth, Bait turns a profit
Walmart’s Mobile Virtual Network Operator (MVNO), Bait, has positioned itself as one of the fastest-growing players in the mobile market,…
Thyssenkrupp strengthens its presence in nearshoring
thyssenkrupp Materials Services announced the acquisition of a majority stake in Aceroteca Trading, a company specializing in the processing and…
NU gets approval in Mexico to operate as a bank
The National Banking and Securities Commission (CNBV) granted final authorization for NU to operate as a bank in Mexico; the…
Virtual mobile operators seek to improve their profitability
Mobile Virtual Network Operators (MVNOs) have become a force for change in the mobile phone market thanks to business models…
Nexu gets US$142 million from HSBC for car loans
Nexu, a Mexican fintech platform that offers auto financing solutions, announced that it has received a new line of credit…
Prime Day: Driving force behind e-commerce in Mexico
Every year, Prime Day puts Amazon’s logistics operations to the test. This involves hiring more staff, moving inventory, optimizing routes,…
Revoult hits 500,000 customers in Mexico
Revolut, the British digital banking institution, reached 500,000 customers in Mexico less than six months after launching operations. The financial…
