Two years later, the company began manufacturing television sets and increased its workforce to 70 employees.

Elektra Group was listed on the Bolsa Mexicana de Valores, the Mexican Stock Exchange, in 1993.

[3] In 1993, Grupo Elektra bought the Imevisión government television network and renamed it as TV Azteca.

[4] In 2012, Grupo Elektra acquired payday lender Advance America for an estimated $780 million USD.

The total raise was US$1.25 billion to help build out the operational system following a successful first launch of technology that had been under development since 2015.