Michael O'Boyle - Profile and Journalist Details
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Michael O'Boyle
Verified
Emerging Markets Reporter, Bloomberg News
Mexico City
Beats
Ideas and Their Implementations
tech, markets
Content
By Michael O'Boyle Verified| Bloomberg Línea Verified 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.
By Michael O'Boyle Verified| Bloomberg News Verified 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 $200 million debt facilities, from Goldman Sachs Group Inc and HSBC Holdings Plc each, the company’s founder Carlos Garcia Ottati said in an interview with Bloomberg News.
By Michael O'Boyle Verified| Bloomberg Línea Verified Bloomberg — O valuation da startup mais valiosa da América Latina foi reduzido em US$ 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.
Company Info
Bloomberg News
Bloomberg L.P. is a global financial data, software, and media company founded in 1981 by Michael Bloomberg and his partners. Originally named Innovative Market Systems, it rebranded to Bloomberg L.P. in 1986. The company is renowned for the Bloomberg Terminal, a proprietary platform that provides real-time financial data, analytics, and trading tools to over 350,000 subscribers worldwide. Bloomberg operates in three main areas: financial technology, news/media, and data analytics. Its flagship product, the Bloomberg Terminal, offers market data, news, and communication tools for financial professionals. Bloomberg News, with over 120 bureaus globally, covers financial markets, politics, and technology across various platforms, including digital, television, and print. The company also provides specialized data and analytics services, including legal and regulatory information, through its acquisitions. Bloomberg L.P. is privately held, with an estimated revenue of $12.5 billion in 2023, primarily from terminal subscriptions.
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Founded: 1981