Friday, August 29, 2014

How start-up culture is changing Mexico

The story of Mexico’s private sector has long been one of monopolies and duopolies. These often massive companies dominate a range of Mexican industries, reaping the lucrative benefits of little to no competition, established distribution networks and widespread access to credit.

But another story is now emerging. Mexican start-ups, especially those in technology services, are taking off, and their success is quickly broadening the economic landscape.

Many Mexicans own their own businesses. 

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