OXXO | Jotup

GLORY Appoints Joseph Gnorski as President of Americas

Retrieved on:

Tuesday, April 2, 2024

Payments, Retail, Convenience Store, Discount, Variety, Technology, Department Stores, Supermarket, JPMorgan Chase, Walmart, Culture, OXXO, Growth, Management

Glory, a global leader in cash technology solutions, is pleased to announce the appointment of Joseph Gnorski as President of Glory Americas.

Key Points:

Glory, a global leader in cash technology solutions, is pleased to announce the appointment of Joseph Gnorski as President of Glory Americas.
In his new role, Gnorski will oversee the Americas region strategy and operations, building upon his successful tenure as the company’s Executive Vice President of Retail Markets, Americas.
"Joe's deep industry knowledge and exceptional leadership qualities make him the right choice to lead Glory Americas," said Toshimitsu Yoshinari, Chairperson and CEO, Glory Global Solutions.
"I am honored to take on this new role and excited about the opportunities that lie ahead for Glory Americas," Gnorski said.

FEMSA Announces Fourth Quarter and Full Year 2023 Results

Retrieved on:

Friday, February 23, 2024

Coca-Cola FEMSA, FEMSA, OXXO, Digital, Conference

“Our results for the fourth quarter were strong, but less uniform across business units than what we saw earlier in the year.

Key Points:

“Our results for the fourth quarter were strong, but less uniform across business units than what we saw earlier in the year.
FEMSA Health delivered stable revenues, but a deteriorating dynamic in the institutional business in Colombia hurt our profitability.
For its part, Coca-Cola FEMSA again delivered strong results across its income statement, while Digital@FEMSA continued to add users at a brisk pace.
“In short, we wrapped up a unique year that was transformational on the strategic front, with remarkable results resulting from our FEMSA Forward strategy.

RELEX Closes 2023 with Record Customer Growth

Retrieved on:

Wednesday, January 24, 2024

RELEX Solutions today announced closing 2023 with remarkable growth across annual recurring revenue (ARR), customer net promoter score (NPS) satisfaction, and new customer signings.

Key Points:

RELEX Solutions today announced closing 2023 with remarkable growth across annual recurring revenue (ARR), customer net promoter score (NPS) satisfaction, and new customer signings.
Overall, RELEX saw 42% year-over-year growth of reported subscription revenue in 2023, and in Q4 2023 realized its 66th quarter of consecutive ARR growth.
RELEX delivers quick time to value and has a flawless track record of successful implementations in the company’s decade-plus history.
“I’m very proud of our growth this year, which is directly attributed to the lasting relationships we form with customers from day one.”
In 2023, RELEX closed nearly 200 customer deals, of which 73 were net-new customers.

FEMSA Announces Third Quarter 2023 Results

Retrieved on:

Friday, October 27, 2023

Digital, FEMSA, OXXO, Conference, Forward, Acceleration, Coca-Cola FEMSA, Cryptocurrency

“The third quarter was very favorable for our business, with strong momentum across most of our operations.

Key Points:

“The third quarter was very favorable for our business, with strong momentum across most of our operations.
However, our positive results were tempered by the unfortunate passing of FEMSA’s former CEO, Daniel Rodriguez Cofré, in the month of August.
We honor his legacy by continuing to execute on the strategy that he helped design and put in place.
For its part, Coca-Cola FEMSA delivered very strong results across its income statement, while Digital@FEMSA continued to add users at a rapid pace.

Cloudbeds Expands Proprietary Payment Solution to More Than 36 Countries

Retrieved on:

Thursday, October 19, 2023

OXXO, Fraud, Interac, A.I, BNPL, Machine learning, SAN, Credit, Friction, SEPA, Online shopping

SAN DIEGO, Oct. 19, 2023 (GLOBE NEWSWIRE) -- Cloudbeds , the hospitality management platform powering more reservations and happier guests for lodging businesses around the globe, today announced the expansion of its in-platform payment processing solution, Cloudbeds Payments, to 36 countries globally, allowing tens of thousands of hoteliers to reduce operating costs associated with payment fraud, chargebacks, manual reconciliation, and human error.

Key Points:

SAN DIEGO, Oct. 19, 2023 (GLOBE NEWSWIRE) -- Cloudbeds , the hospitality management platform powering more reservations and happier guests for lodging businesses around the globe, today announced the expansion of its in-platform payment processing solution, Cloudbeds Payments, to 36 countries globally, allowing tens of thousands of hoteliers to reduce operating costs associated with payment fraud, chargebacks, manual reconciliation, and human error.
The expanded solution is designed to reduce friction for guests in the payment process through new payment method options and e-commerce features such as Pay by Link.
With this update, Cloudbeds Payments now services the United States, Canada, Mexico, most of Europe, Australia, New Zealand, and Singapore.
“At Cloudbeds we understand the unique pain points facing the hospitality industry and the frustrations of dealing with large payment gateway providers,” said Chad Brubaker, Senior Director of Product at Cloudbeds.

RELEX Enters Brazilian Market as Part of Global Expansion

Retrieved on:

Monday, October 9, 2023

Partnership, Bravo, Machine learning, Final good, GNC, Sephora, DIA (group), Accenture, OXXO, Supply, Logic, AutoZone, PriceSmart, Pay Less, CPG, Attention, Renewable energy, Retail, Titan

RELEX Solutions, provider of unified supply chain and retail planning solutions, has recently expanded into the Brazilian market.

Key Points:

RELEX Solutions, provider of unified supply chain and retail planning solutions, has recently expanded into the Brazilian market.
This move amplifies RELEX Solutions' commitment to Latin American retailers, CPG brands, wholesalers, and distributors.
Venturing into Brazil is pivotal to the global growth plans of RELEX Solutions.
RELEX Solutions provides local teams and an expansive industry network to support Brazilian businesses in refining planning processes and reducing waste.

Vezbi Super App Announces, 'Andale Pay' International Remittance Service Launching in Over 300k Locations Throughout Latin America

Retrieved on:

Tuesday, October 3, 2023

Partnership, OXXO, WPFH, Acquisition, OTC, Online shopping, Soriana

Andale Pay will debut in Mexico with 40k locations, including OXXO convenience stores and Soriana markets, expanding to over 300k locations throughout Latin America.

Key Points:

Andale Pay will debut in Mexico with 40k locations, including OXXO convenience stores and Soriana markets, expanding to over 300k locations throughout Latin America.
Earlier this year the Vezbi Super App completed a $10M acquisition of a digital wallet from Ingenia AI to develop Vezbi Pay.
Coupled with Open Banking technology, Vezbi Pay allows the Vezbi Super App to create a payment ecosystem for its users to integrate all of their banking and financial institutions along with peer-to-peer direct payments with other Vezbi users.
“With Andale Pay, Vezbi Super App users will be able to load and send funds from the United States to hundreds of thousands of pick-up locations throughout Latin America.

FEMSA Forward Focused Leadership in Retail & Beverages

Retrieved on:

Friday, September 22, 2023

de C.V. (“FEMSA” or the “Company”) (NYSE: FMX; BMV: FEMSAUBD, FEMSAUB) announced today changes to its organizational structure that bring it into full alignment with the FEMSA Forward strategy and its three core business verticals: Retail, Coca-Cola FEMSA, and Digital.

Key Points:

de C.V. (“FEMSA” or the “Company”) (NYSE: FMX; BMV: FEMSAUBD, FEMSAUB) announced today changes to its organizational structure that bring it into full alignment with the FEMSA Forward strategy and its three core business verticals: Retail, Coca-Cola FEMSA, and Digital.
The Company also announced movements within its senior leadership team, involving internal and newly attracted talent.
Juan Carlos comes to FEMSA from Nubank, where he held various senior leadership positions since 2019, after a long tenure at Visa International.
These changes to FEMSA’s organizational structure and senior leadership team were designed in conjunction with the FEMSA Forward strategy as announced in February of this year, consistent with FEMSA’s leadership succession and talent development process.

OXXO Selects RELEX Solutions to Enhance their Product Demand Forecasting

Retrieved on:

Thursday, September 7, 2023

Data Management, Supply Chain Management, Technology, Other Consumer, Other Transport, Specialty, Transport, Convenience Store, Retail, Software, Consumer, Forecasting, AI, ML, Senior, OXXO

OXXO , the largest convenience store chain in the Americas, has selected RELEX Solutions , provider of unified supply chain and retail planning solutions, to increase the accuracy of their product demand forecasts.

Key Points:

OXXO , the largest convenience store chain in the Americas, has selected RELEX Solutions , provider of unified supply chain and retail planning solutions, to increase the accuracy of their product demand forecasts.
The solution will serve OXXO’s 22,000 stores in Mexico.
As part of OXXO's digitalization process and preparation for expansion in the coming years, they have embarked on a digitalization roadmap, selecting RELEX as their sales forecasting platform.
"Working with OXXO is great because our businesses share a goal of optimizing the supply chain," said Carlos Victoria, Senior Vice President for the Americas at RELEX Solutions.

FEMSA Announces Second Quarter 2023 Results

Retrieved on:

Thursday, July 27, 2023

Coca-Cola FEMSA, Digital, OXXO, Conference

The second quarter results announced today represent an example of the organic growth potential we have before us.

Key Points:

The second quarter results announced today represent an example of the organic growth potential we have before us.
For its part, Coca-Cola FEMSA again delivered a strong performance, while Envoy Solutions showed sustained revenue growth driven by recent acquisitions.
On the Digital side, we continued to add users at a rapid pace, with active users growing more than one hundred percent year-over-year.
I want to extend my gratitude to our hardworking team who continue to find a way to post strong results, putting us on the right path to meet or exceed our long-term aspirations.”
To obtain the full text of this earnings release, please visit our Investor Relations website at
Our Second Quarter 2023 Conference Call will be held on: Thursday, July 27, 2023, 11:00 AM Eastern Time (9:00 AM Mexico City Time).