Tuesday, May 23, 2017

How Cuba's growing internet is fuelling new businesses...

Bernardo Romero Gonzalez, a 33-year-old software engineer from Cuba, launched his new business this month: a website where people can order island-made products such as soap, bouquets of flowers and cakes for home delivery.

"It's like Amazon for Cuba, but with a difference," he told an audience of New York techies at a conference this month.

The summary was a classic start-up pitch, but it also underscored the obstacles when it comes to starting an online business in the Caribbean country.

Mr Gonzalez is counting on buyers from the Cuban diaspora, which already plays a role in the economy, sending money and other products to the island.

But the infrastructure doesn't exist for domestic buyers to sustain the market. Full story...

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