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Business
Technology -- The Mexican wave
At long last, Mexico is enjoying a startup bonanza.
Kavak, a Mexican startup, provides an elegant solution to a glaring problem: how to buy a used vehicle in a market that is both one of the world’s biggest and its most informal second-hand car markets.
Few buyers trust a seller’s assessment of the good’s quality.
Few sellers trust the buyer to cough up the money.
Transactions often involve “meeting someone at a corner store and seeing how it goes”, says Alejandro Guerra, Kavak’s general manager in Mexico.
On Kavak’s app people can buy and sell cars with the company acting as a trusted middleman.
Kavak, which last month raised $700m in a funding round that valued it at $8.7bn, is part of a startup explosion in Mexico.
Since the firm became the first Mexican startup to be valued at more than $1bn last year it has been joined by three more such “unicorns”.
So far this year unlisted Mexican tech firms have raised nearly $3bn, roughly as much as in the previous nine years combined.
Mexico’s 126m people are on average young and almost in the upper-middle-income bracket.
Some 54% own a smartphone, according to Newzoo, a research firm, a slightly higher share than among similarly novelty-loving Brazilians.
商业
科技――墨西哥浪潮
墨西哥初创企业终于迎来了财运。
墨西哥初创企业Kavak为一个明显的痛点提供了一个精妙的解决方案:如何在一个全球最大、也最不正规的二手车市场购买二手车。
很少有买家相信卖方对商品质量的评估。
很少有卖家相信买方会掏钱。
Kavak在墨西哥的总经理亚历杭德罗・圭拉说,交易通常涉及“在街角的商店里与某人见面,看看进展如何”。
在Kavak的应用程序上,人们可以在公司作为值得信赖的中间人的情况下买卖汽车。
Kavak是墨西哥初创企业爆发式增长的一部分。该公司在上个月的一轮融资中筹得7亿美元,对其估值为87亿美元。
自去年该公司成为首家估值超过10亿美元的墨西哥初创公司以来,又有三家这样的“独角兽公司”加入了该行列。
今年迄今为止,未上市的墨西哥科技公司已获融资近30亿美元,大致相当于此前9年的总和。
墨西哥的1.26亿人口平均来讲比较年轻,几乎属于中上收入阶层。
根据研究公司Newzoo的数据,约54%的人拥有智能手机,这一比例略高于同样热爱新奇事物的巴西人。
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