A new company is entering the crowded e-commerce aggregator space to acquire and scale high-performing Latin American brands selling on MercadoLibre, Shopify or Amazon.
Quinio, a Mexico-based company, announced today it securedNebula Brands took in \)"> 50 million this week. Before them was Gravitiq, focused on healthcare brands, and Heyday’s \)"> 1 billion in October, while Perch grabbed a large investment of
One of the ways Quinio is differentiating itself is by acquiring companies with locally sourced products, with plans to have more than 60% of its portfolio this way.
“This is a key differential in terms of lead times and working capital requirements, especially considering the problems that the current Asia supply chain is facing,” Juan Gavito said. “There are just a few players in such a large market, so there is opportunity for all of us to have successful companies and business models. For example, in the U.S., there are more than 20, and many are successful.”
Quinio, a Mexico-based company, announced today it secured
One of the ways Quinio is differentiating itself is by acquiring companies with locally sourced products, with plans to have more than 60% of its portfolio this way.
“This is a key differential in terms of lead times and working capital requirements, especially considering the problems that the current Asia supply chain is facing,” Juan Gavito said. “There are just a few players in such a large market, so there is opportunity for all of us to have successful companies and business models. For example, in the U.S., there are more than 20, and many are successful.”