Netflix rarely issues renewals so close to a show's launch date; even "Bridgerton," considered its biggest show to date (via CNet), didn't get a renewal until more than three weeks after its December 25, 2020 release. K-drama "The Squid Game" looks like it may surpass that record, but while Season 2 has definitely been discussed (via Vulture), it hasn't yet been officially renewed three weeks after its September 17 release.
Netflix's process for determining which shows stay and which shows go is notoriously opaque. Netflix officials over the years have released some information on how it decides these things — as Wired reports, it looks at viewership versus the cost of renewal; specifically, it considers how many people watch a full season over the course of the first seven days and the first 28 days.
So we probably won't hear about "The Five Juanas" being renewed or not for some time. Telenovelas are known for their quick production turnarounds and tend to air very close to the end of filming (via Variety), but whether that's true of the Netflix-branded series is unclear, as it doesn't share the same fast-paced scheduling concerns. So, if it does issue a green light for Season 2, we won't know just how long another season would take to arrive.
