December 19, 2020

6 min read

This article was translated from our Spanish edition using AI technologies. Errors may exist due to this process.

Opinions expressed by Entrepreneur contributors are their own.

In recent months, ecommerce penetration in Mexico has been 39%, with a growth projection of 55% by the end of the year. As a result, digital ad spend this year will be 12% higher than in 2019, but are we really prepared to perform better when we need more ad spend ?

When we refer to a successful business model, we think of innovation and the best identification of opportunities, as well as investment plans; However, this may be insufficient, especially when we talk about managing and taking advantage of high consumption seasons such as the one that began with the Good End and that will end with the Three Kings season in the first week of 2021.

In May of this year it was announced that the automotive company, Tesla, ruled out Mexico as a location for the construction of its next assembly plant.

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3 min read

This article was translated from our Spanish edition using AI technologies. Errors may exist due to this process.

After the Secretary of Economic Development of Jalisco, Ernesto Sánchez announced to Reforma that T esla had decided not to build a plant in that state due to the energy political controversy in Mexico, a source familiar with the matter contacted the media. Xataca México in order to deny this position.

According to a source familiar with said media, “Tesla’s decision to select Austin, TX as the location for its next factory, was not related at all to any policy or situation in Mexico.”


The benchmark indices darted up to fresh peaks on Friday, capping off a stellar week in which equity benchmarks closed every session at a record high on unabated foreign fund inflows.

After opening at its lifetime intra-day high of 47,026.02, the Sensex succumbed to selling pressure but rebounded at the fag-end trade to finish at a record 46,960.69, up 70.35 points or 0.15 per cent.

Similarly, the broader Nifty rose 19.85 points or 0.14 per cent to 13,760.55 — its new closing record.

IT stocks hogged the limelight as better-than-expected results from Accenture enthused investors.

Infosys was the top gainer in the Sensex pack, jumping 2.64 per cent, followed by Bajaj Auto, SBI, ICICI Bank, HCL Tech, Titan, Asian Paints, and Tata Consultancy Services.

On the other hand, IndusInd Bank, ONGC, HDFC Bank, Maruti, Bajaj