This week on MexMoves we interview Sigfried Eisennmeier from DiDi on the company’s remarkable expansion in Mexico, with context from Whitepaper’s Daniela Dib. Eduardo and Damian look into Klar’s acquisition of Banorte’s digital bank Bineo, the upcoming Esentia Energy IPO, and Mexico’s decision to impose tariffs of up to 50% on imports from countries without free trade agreements such as China and Korea. We also unpack the 2026 budget, which raises taxes on soft drinks, cigarettes, and gambling but avoids structural tax reform, keeping the deficit at around 4% of GDP while Pemex debt grows off balance sheet. Finally, we discuss Amazon’s new US$25 million convertible note investment in Rappi, which could give it up to a 12% stake in the Colombian delivery company. Don’t forget to comment and rate the podcast to help spread the word and grow the audience.