Exclusive: Uber’s Chinese Rival Didi Chuxing to Enter Mexico Next Year-Sources

12/07/2017 New York Times

uber2MEXICO CITY/SAN FRANCISCO — Didi Chuxing, China’s ride-hailing behemoth, plans to expand into Mexico next year, intensifying its global rivalry with Uber, according to two sources familiar with the plans.

Didi has spoken before of global ambitions, but has not formally announced where or when it would expand. The Chinese company is the second-most highly valued, venture-backed private firm in the world, after Uber Technologies Inc.

Didi has no cars outside China, meaning Mexico could be its first international operation.

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Walmex Expands Wi-Fi in Mexican Stores, Pushing Online Shopping

12/07/2017 New York Times 

Image result for walmart
Credit: Walmart.com

MEXICO CITY — Wal-Mart de Mexico said on Thursday that it will install Wi-Fi throughout all but one of its chains in Mexico by next summer, in an attempt to collect user data and drive online sales by familiarizing shoppers with technology.

Walmex, as the retailer is known, will bring the service to every store except warehouse-style Bodega Aurrera Express by mid-2018, said Gaston Wainstein, Walmex’s senior vice president of real estate development.

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Mexico bristles at U.S. proposal that would benefit AT&T in NAFTA

2825619602_71cb76b810_b11/15/2017 Reuters 

MEXICO CITY  – Mexico shot down a proposal by the United States to include provisions in the North America Free Trade Agreement that would benefit AT&T Inc (T.N), Mexico’s Economy Minister Ildefonso Guajardo said on Wednesday.

“AT&T, which is North American, asked its government to reflect its interests in the negotiation,” Guajardo said in an interview on local radio without specifying the details of the U.S. proposal. “You cannot have an agreement… that gives a tailor’s cut, a perfect handiwork, to a specific company.”

AT&T and the U.S. Trade Representative’s office declined to comment.

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Uber adds six cities to Mexico coverage, bringing total to 45

11/6/2017 Reuters

U.S. ride-hailing service Uber Technologies Inc said on Monday it was increasing its presence in Mexico to include six more cities in the country’s northwest, bringing its coverage to 45 cities overall.

From Monday, Uber was adding La Paz, capital of the state of Baja California Sur, as well as Guasave in Sinaloa state and the cities of Nogales, Guaymas, San Luis Colorado and Navojoa in the state of Sonora, the company said in a statement.

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Mexico Telecoms Regulator to Vote on Letting Slim’s America Movil Charge Rivals

10/24/2017 The New York Times

Mexico’s telecommunications regulator is discussing a proposal that would allow billionaire Carlos Slim’s America Movil to start charging local rivals again for calls made to clients on its network, according to a document seen by Reuters.

Rivals such as AT&T and Telefonica have been anxiously awaiting new rates since the Supreme Court ruled in August that America Movil should not be barred by law from charging other carriers for calls to its customers.

The court found the market regulator, the Federal Institute of Telecommunications (IFT), not legislators, should set the so-called interconnection rates.

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Mexico Tech Industry Benefits From U.S. Anti-Immigration Stance

10/17/2017 Reuters

Amazon, Facebook and other U.S. tech companies are expanding operations south of the border as Mexico works to capitalize on the Trump administration’s anti-immigration stance.

Since the beginning of the year, Amazon.com Inc has opened a new engineering office in Mexico City, while Facebook Inc has partnered with local groups to develop technical talent in the region.

Oracle Corp plans to expand its offices in the Pacific coast state of Jalisco, local officials said, possibly bringing hundreds of jobs.

In Guadalajara, Jalisco’s capital, a new group devoted to recruiting startups expects to have 10 new companies in the region by year-end, with another 60 in the pipeline. And the landlord of choice for many startups, the shared-office juggernaut WeWork, said it has opened five locations and now serves 6,000 workers after debuting in Mexico City last September.

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Hunt for Life in Mexico Fuels Demand for Tech to See Past Rubble

10/03/2017 Bloomberg

Photographer: Alejandro Cegarra/Bloomberg

At 6 a.m. on Thursday, Rafael Ortigosa stood atop the collapsed Alvaro Obregon office building in Mexico City and called a halt to his company’s search and rescue efforts.

It wasn’t the result Ortigosa, South America sales manager for Leader, a French maker of ultra-sensitive listening equipment and cameras, had hoped for. Although 28 people escaped the toppled seven-story building following a 7.1 magnitude quake on Sept. 19, by the time Ortigosa and his team arrived on the site more than a week later, no more survivors were being found. In all, 35 bodies were discovered at the site and at least eight more remained unaccounted for.

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