Naranya: Created in Mexico - Coggle Diagram
Naranya: Created in Mexico
Leading mobile internet company in Latin America
Founded and headquartered in 2002, Monterrey Mexico
260 employees, operations in 15 countries
"Mobile ecosystem for emergin markets"
CEO and Co- Founder - Arturo Galvan
Arturo Galvan - was born and raised in Mexico, entrepreneur with over 30 years of experience in digital media.
1988 - Galvan and Junco de la Vega, launched Infosel, providing real time financial news and financial market data.
1990s - Internet became available in US. Galvan saw an oppoetunity to become the first internet provider in Mexico. "The first computer connected to internent was his own."
Infosel - Terra
Naranja - developed and operated
Games, music, and apps.
70% of which were located in Monterrey
(the company’s headquarters), 15% in Mexico City .
Doing Business in Mexico
Mexico GDP cose to $1.3 trillion, was the 15th largest economy in the world during 204
porductivity was similart to levels in Latin America overall but lower thant the other OEDCD countries.
Mexico ranked on the top 20 countries golobally on total inward FDI stocks, behind only Brazil in Latin America
The 14th place in terms of population
80% of the population live din cities, making the country largely an urban one
50% of the population hd an income level below the national poverty line
Mexico ranked 57th on competitiveness among the 140 countries by 2015-2016 Global competitiveness Report and 38th out of 189 countires in the world Bank´s 201 Doing business report.
Percived to have a high number of sophisticated business for an upper middel income country.
Two mexican economies;productive and modern
Mexico was a federal republic with 31 states and Mexico City.
The federal government was comprised of executive and judical branches and a bicameral legislature.
PRI / PAN
Manufacture of cars, airlplanes electric goods an delectircal equipments.
Commecial agricultural products mostly came from the tropical regions of the Gulf Coas and Chiapas Highlands, the irrigated lands o the north west and the bajio region
1970 - Mexico borrowed large omunts from interantional sources to fianance industrialization.
Mexico began to liberalize itrs trade policies in 1984 beginning with lowering import quotas
Luis Videgaray finance minister, zero based plan for 206
Recession, triggered byt the collapse of te US suprime industrie in 2007, hit Mexico.
NAFTA had stregthened economic links with the USA.
CONACYT program began in 1970, innovation policies that facilitates development in high imact indsutry sectors and cooperation with universities.
Promote region al inovation develpment, any state governments launched ther own programs.