Grupo Elektra SAB de CV - Company Profile
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Grupo Elektra SAB de CV (Grupo Elektra) is a financial services company and a specialty retailer. Distribution network, cash position, and business performance of the Financial Business segment are a few of its key strengths, even as solvency position and cost efficiency remain areas for concern. The emergence of FinTech, economic outlook, the growing market for payment channels in Mexico, and strategic initiatives could offer ample growth opportunities to Grupo Elektra. However, changing regulations and risks related to online identity theft and hacking, and the emergence of neobanks could affect the company’s business.
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