January 17, 2022 |
Colombian e-commerce company Tul has plans to expand in Mexico and Brazil as it looks ahead to listing shares on the Nasdaq stock exchange in New York in a few years, CFO Santiago Bueno told LatinFinance on Friday.
"It would be our ambition to reach the US stock market. Maybe we would see a listing on the Nasdaq in the future," Bueno said. "It's something that I see more in 2024 to 2025, but that's our ambition, and so far, we have excellent support from our venture capital investors."
Colombian e-commerce company first plans to borrow $20 mln to fund its expansion in Brazil and Mexico