US EditionWhat Prevented Jüsto From Consolidating as a Supermarket in Mexico?
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The competitive environment with traditional retail giants and a narrowed market are some of the barriers that, according to specialists, faced the digital supermarket Jüsto.The Mexican startup announced on December 15 its closure in the country after six years in operation in which it raised more than $300 million with the intention of expanding its business and consolidating its proposal. “There are many edges, in simple terms, you fail to rea…
Jüsto announced the definitive closure of its operations in Mexico as of December 15 of this year and the uncertainty about the reliability of this type of digital services was taken over by consumers, especially among those who had outstanding deliveries from the company. We have made the difficult decision to discontinue Jüsto’s operations in Mexico. This decision reflects a combination of financial, operational and strategic factors. We are d…
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