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By MBN Staff - Fri, 05/02/2025 - 12:30
Walmex's 1Q25 profit fell 7%, missing forecasts despite revenue growth. CEO cites macro challenges and calendar shifts like Holy Week.
https://mexicobusiness.news/tag/bait
More Tech
By MBN Staff - Wed, 01/08/2025 - 11:13
Mobile Virtual Network Operators (MVNOs), led by Walmart's Bait, gained ground in Mexico, challenging traditional telecom giants.
By Mariana Allende - Thu, 08/22/2024 - 12:49
Walmart’s 2Q24 revenue rose 4.8%, with e-commerce up 21%, defying the trend of lower consumer demand in retail.
By Diego Valverde - Thu, 07/25/2024 - 16:11
The Mexican government has transferred control of Altán Redes to the CFE to advance its "Internet for All" project, assuming a debt of US$1.6 billion
By Adriana Alarcón - Thu, 03/21/2024 - 11:30
Vestas secures an order for a wind farm in Baja California, while Yokohama Rubber invests US$380 million in a tire plant in Coahuila.
By Diego Valverde - Fri, 03/15/2024 - 15:28
In the last quarter of 2023, Walmart's MVNO added 3.8 million users.
By Daniel González - Tue, 06/30/2020 - 13:01
Walmart grows its commitment to digitalization with mobile telephone and internet service. The goal is to control customers’ e-purchasing process.
