Whoosh Holding plans to enter Mexican market in near future

MOSCOW. March 10 (Interfax) - PJSC Whoosh Holding, the parent company of the Whoosh Group, the operator of the kick-sharing service of the same name, plans to enter the Mexican market, which should require at least a month, CEO Dmitry Chuyko said.

"We expect it to take us about a month to launch in Mexico," Chuyko said at a meeting with investors and analysts on Friday.

The company is also interested in entering the markets of Uruguay and Argentina in addition to Mexico. However, the company has not yet set a timeframe for launching operations in these countries. "We do not have any specific timeframe for when this will happen. We are working on it," Chuyko told Interfax.

Whoosh currently operates in three Latin American countries, namely Brazil, Chile, and Colombia. The company expects to receive permission to operate in Bogota, Colombia in 2026. Whoosh entered the Colombian market in early December in Medellin.