Kavak news and trends

EMEA Daily: EU Antitrust Regulators Raid Delivery Hero, Glovo; Kavak Expands to EMEA With Turkey Launch

July 06, 2022
Glovo Suffers Data Hack Of Users' Private Info
Kavak Expands to EMEA With Turkey Launch
International // July 06, 2022

Mexican used-car platform Kavak is set to open its first office outside Latin America, the company announced Wednesday (July 7). Currently, the business operates in Mexico, Argentina and Brazil. As Reuters reported, Kavak will be expanding its business into four new markets: Colombia, Chile, Peru...

Mexico’s Used Car Startup Kavak Raises $700M in Series E Round
Investments // September 22, 2021

Mexican used-car platform Kavak raised $700 million in a Series E funding round that values the startup at $8.7 billion, the second-most valuable venture in Latin America, according to Reuters and other news outlets on Wednesday (Sept. 22). The funding was led by General Catalyst...

SoftBank Continues LATAM Push, Courts Mexico Startups
Investments // August 09, 2019

Japanese investment firm SoftBank Group is in talks with two startups in Mexico in a bid to continue to search out opportunities in the Latin American market, according to a report by Reuters citing sources familiar with the matter. The company is reportedly in talks with...

Quick Reads
Kavak Expands to EMEA With Turkey Launch

July 06, 2022
Mexican used-car platform Kavak is set to open its first office outside Latin America, the company announced Wednesday (July 7). Currently, the business operates in Mexico, Argentina and Brazil. As Reuters reported, Kavak will be expanding its business into four new markets: Colombia, Chile, Peru and Turkey. The latter will be its first office in […]

Mexico’s Used Car Startup Kavak Raises $700M in Series E Round

September 22, 2021
Mexican used-car platform Kavak raised $700 million in a Series E funding round that values the startup at $8.7 billion, the second-most valuable venture in Latin America, according to Reuters...

SoftBank Continues LATAM Push, Courts Mexico Startups

August 09, 2019
Japanese investment firm SoftBank Group is in talks with two startups in Mexico in a bid to continue to search out opportunities in the Latin American market, according to a...