Kavak Invests 130M in Middle East Used Car Market

Kavak Invests 130M in Middle East Used Car Market

Latin American unicorn Kavak is investing $130 million to enter the Middle Eastern used car market, starting with the UAE and Oman through a merger with local platform Carzaty. Kavak aims to reshape the Middle Eastern used car landscape through technological innovation and localized operations, providing consumers with a better buying and selling experience. The company plans to continue investing heavily over the next two years to build the largest used car business in the Gulf region.

01/06/2026 Logistics Industry Insights
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Latin America Ecommerce Booms Amid World Cup Funding Surges

Latin America Ecommerce Booms Amid World Cup Funding Surges

This report provides an in-depth analysis of the Latin American e-commerce market, focusing on World Cup marketing strategies, the Kavak funding event, and Brazilian e-commerce consumer trends. The report highlights the opportunities the World Cup presents for e-commerce, urging businesses to prepare in advance. Kavak's funding reflects confidence in the market. Brazilian e-commerce sales are growing, with cross-border platforms showing competitiveness. The influence of social media is significant. Businesses need to seize opportunities, address challenges, and achieve sustainable development in this dynamic market.

12/30/2025 Logistics Industry Insights
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