Kavak Stock

kavak.comConsumer & Lifestyle / E-commerceFounded: 2016

Kavak is an online e-commerce platform giving users from Latin America the opportunity to purchase and sell pre-owned cars and aiming to bring transparency, security and access to financing to the used car market with over 15,000 certified and guaranteed cars. Founded in 2016 by Carlos Garcia and Roger Laughlin and headquartered in Mexico City, Mexico, Kavak additionally offers its own financing through its fintech arm, Kavak Capital.

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Kavak investors also invested in these private companies

D1 Capital Partners
Olam Capital
Spectra Investments
Spruce House Investment Management
Wollef
Greenoaks Capital Partners
SoftBank Latin America Fund
Tresalia Capital

Team

Management Team

Roger Carvallo
Co-Founder & Chief Executive Officer, Brazil
Carlos Julio Ottati
Co-Founder & Chief Executive Officer, México
Moises Botello
Chief Financial Officer
Keri Gohman
Chief Operating Officer
Fernando Scasserra
Chief Technology Officer
Nicolas Talice
Chief Marketing Officer & Chief Growth Officer
Ricardo Sue Ochoa
Chief Expansion Officer
Anthony Sadoun
Chief Product Officer
Loreanne Garcia
Co-Founder & Chief People Officer

Board Members

Nicolas Berman
Kaszek

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Is Kavak a public company?

No, Kavak is a privately held company and is currently not publicly traded on any stock markets including NYSE or NASDAQ.
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Kavak does not have an official ticker symbol because this company is not currently publicly traded.
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Used-car startup Kavak is refocusing on its home market in Mexico following the announcement that it will indefinitely pause operations in Peru and Colombia due to the macroeconomic environment and outlook. The company, which was Mexico's first startup to reach a $1 billion valuation, is looking to improve profitability in other markets over the next three to four quarters.
Kavak, Latin America's highest-valued unicorn, is restructuring after a challenging period in the used car industry. The Mexican online marketplace, which operates in 10 countries, has shifted its focus from growth to profitability and customer experience. The company, which also offers car loans, is no longer seeking to expand into new markets, but rather maximise existing resources and invest in technologies to scale more efficiently.
Updated on: Jul 26, 2024

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