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Michael O'Boyle

Mexico City

Emerging Markets Reporter at Bloomberg News

Covering finance and emerging markets in Mexico @business Opinions are my own. Eres Mexican@? Hasta el gorro con algo? Quiero saber

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Articles

  • 1 week ago | bloomberglinea.com.br | Michael O'Boyle

    Bloomberg — O valuation da startup mais valiosa da América Latina foi reduzido em US$ 6,5 bilhões, para US$ 2,2 bilhões em sua rodada de financiamento mais recente. A Kavak, revendedora mexicana de carros usados online, levantou US$ 127 milhões em uma rodada de equity que foi concluída em março, o que ajudou a empresa a garantir duas linhas de crédito de US$ 200 milhões cada, do Goldman Sachs Group e do HSBC, disse o fundador da empresa, Carlos Garcia Ottati, em entrevista à Bloomberg News.

  • 1 week ago | bloomberg.com | Michael O'Boyle

    The valuation for Latin America’s most valuable startup was cut, by $6.5 billion, to $2.2 billion in its most recent funding round. Mexico-based online used car dealer Kavak raised $127 million in an equity round that closed in March, which helped the firm secure two $200 million debt facilities, from Goldman Sachs Group Inc and HSBC Holdings Plc each, the company’s founder Carlos Garcia Ottati said in an interview with Bloomberg News.

  • 1 week ago | bloomberglinea.com | Michael O'Boyle

    Bloomberg — La que fuera la startup más valiosa de Latinoamérica ha visto su valor de mercado bajar en US$6.500 millones a US$2.200 millones en su última ronda de financiación. Ver más: México negociará con EE.UU.

  • 1 week ago | bloomberg.com | Michael O'Boyle

    La que fuera la startup más valiosa de Latinoamérica ha visto su valor de mercado bajar en US$6.500 millones a US$2.200 millones en su última ronda de financiación.

  • 1 week ago | financialpost.com | Maya Averbuch |Michael O'Boyle

    Advertisement 1Gutierrez had said the 2026 review process for the deal — known as the CUSMA— may be sped up under TrumpArticle contentMexico wants a greater proportion of each auto built in the country to qualify for United States origin status, a move that would lower the impact of President Donald Trump’s tariff policies, Deputy Economy Minister for Foreign Trade Luis Rosendo Gutierrez said. Sign In or Create an AccountArticle contentWe apologize, but this video has failed to load.

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Michael O'Boyle
Michael O'Boyle @michaelob_mex
14 Mar 25

RT @wicary: Mexico has assured US authorities it’ll be a willing partner in Donald Trump’s crackdown on drug gangs. The complexity of the t…

Michael O'Boyle
Michael O'Boyle @michaelob_mex
12 Mar 25

RT @cmillanr: 🇺🇸🇲🇽US financial authorities on Tuesday said they will require money services businesses operating near the Mexican border to…

Michael O'Boyle
Michael O'Boyle @michaelob_mex
12 Mar 25

RT @wicary: Mexico is delaying its response to US tariffs on steel and aluminum imports as Claudia Sheinbaum avoids retaliation while both…