The valuation of Kavak, a Mexico City-based online used car dealer and LATAM's most valuable startup, was cut by $6.5B to $2.2B in a $127M equity round in March (Michael O'Boyle/Bloomberg)

Michael O'Boyle / Bloomberg: The valuation of Kavak, a Mexico City-based online used car dealer and LATAM's most valuable startup, was cut by $6.5B to $2.2B in a $127M equity round in March  —  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.

Apr 15, 2025 - 16:00
182117
The valuation of Kavak, a Mexico City-based online used car dealer and LATAM's most valuable startup, was cut by $6.5B to $2.2B in a $127M equity round in March (Michael O'Boyle/Bloomberg)

Michael O'Boyle / Bloomberg:
The valuation of Kavak, a Mexico City-based online used car dealer and LATAM's most valuable startup, was cut by $6.5B to $2.2B in a $127M equity round in March  —  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.

This article has been sourced from various publicly available news platforms around the world. All intellectual property rights remain with the original publishers and authors. Unshared News does not claim ownership of the content and provides it solely for informational and educational purposes voluntarily. If you are the rightful owner and believe this content has been used improperly, please contact us for prompt removal or correction.