Radar > 233935

Western Union could develop new digital business in Mexico

Western Union podría desarrollar su nuevo negocio digital en México

Intel ID : 233935
Synopsis

Western Union (NYSE: WU), a US-based wire transfer company, confirmed its interest to develop a new digital business in Mexico, as published by newspaper CNN Expansión on 17 February 2016.

Western Union decided to focus its strategy on transactions from Mexico to other Central American and South American countries, United States and Asia, mainly China.

Rodrigo García, Western Union's CEO, confirmed that Mexico is the type of market to be explored and said it has a great potential.
(content in spanish)

Western Union (NYSE: WU), empresa estadounidense dedicada al envío de transferencias, ha confirmado que está interesada en desarrollar su nuevo negocio digital en México, según ha publicado el diario CNN Expansión el 17 de febrero de 2016.

La empresa estadounidense ha decidido enfocar su estrategia en las transacciones desde México a países de Centroamérica y Sudamérica, Estados Unidos y Asia, en particular China.

Rodrigo García, director general de Western Union, ha confirmado que en México este tipo de mercado está sin explorar y asegura que tiene mucho potencial.

Bidder

Western Union
United States

Intel ID 233935
Value ND
Native Currency US Dollar (USD)
Exchange Rate:
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Bidder

Name
verified
Subsector (Old TTR Sectors)
Services and Distribution / Financial and Insurance (Primary)
Primary Sector (TTRSC)
25.04.04 Payments & Remittance Services
25 Financial Services / 25.04 Other Financial Services

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Description

Legend:

verified Verified: Confirmed as a party to an active or possible transaction.

potential Potential: Unconfirmed as a party to an active or possible transaction.

retained Retained: Confirmed as “Retained” with a general or specific mandate.

prospect Prospect: Advisory “Prospect” in discussions with or pitching services to possible client.

Transactional data is continuously updated by the research team and therefore is subject to change.