MEXICAN BUSINESS NEWS

Mercado Libre, the Argentinean e-commerce company, announced that it will invest 1.1 billion dollars in Mexico in 2021. The resources from this investment will be allocated mostly to the fintech solutions it offers through its subsidiary Mercado Pago and also to its subsidiary dedicated to financing Mercado Crédito. The e-commerce company announced...

In an interview with Forbes Mexico, the CEO of Gallàstegui Armella Franquicias, Juan Manuel Gallàstegui, said that as in all sectors, the impact of the pandemic was strong and being a sector that covers 70 different areas, from beverages, food, retail, clothing, accessories to health and beauty, it felt the impact.

In March, 95,487 automobiles were sold in Mexico, 9.1 percent higher than in the same month last year, informed this Tuesday by the National Institute of Statistics and Geography (Inegi). This is the first positive annual variation since February 2020, when the market grew just 0.3 percent. It is also the largest increase reported by the sector for...

Mexico is the fourth country where most people work through outsourcing, according to the World Employers Confederation (WEC). In view of the imminent second regulation of this form of employment, there are three points to take into account: the clear definition of the different schemes, the registration of companies, and the involvement of unions....

The neni economy has long been rooted in Mexican culture, especially now that there are companies with a large inventory of products available for salespeople, mostly women, to engage in retail sales. This type of activity is known as 'neni economy', because it is very common for customers and saleswomen to talk to each other in a more affectionate...

Forty-four percent of the fish sold in fishmongers and restaurants in Guadalajara, Mérida, Ensenada and Tijuana, four important Mexican cities, are substituted by other species in a practice that affects the country's consumers and fishermen, according to a study by the Oceana association.

A hundred companies and national and foreign players are getting ready to start the engines of the marijuana market in Mexico, which is expected to be the largest in the world once it is regulated by Congress. But the nascent emporium, valued at billions of dollars, could perpetuate the marginalization and criminalization of peasants -traditional...

Netflix, the most important streaming platform in the world, has opted to establish itself as a company in Mexico, so it will be taxed as any other taxpayer residing in the country. According to a press release published on Wednesday by the Ministry of Finance and Public Credit (SHCP), Netflix International B.V. (Netflix) will no longer appear in...