SoftBank-backed Mexican used-car unicorn Kavak hits $4b valuation

SoftBank-backed Mexican used-car unicorn Kavak hits $4b valuation

Photo: Reuters

Mexican used-car platform Kavak has reached a $4 billion valuation after raising $485 million in new funding, it told Reuters this week, making the fast-expanding company one of the most highly valued startups in Latin America.

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