US EditionLatin American e-commerce to top $215 billion as consumers demand rapid delivery, report says
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MercadoLibre and Endeavor Say Latin America’s eCommerce Growth Outpaces Rest of World
Online shopping is growing 1.5 times faster in Latin America than it is in the rest of the world, Reuters reported Tuesday (Jan. 27), citing data from consulting firm Endeavor and eCommerce firm MercadoLibre. The region’s eCommerce is expected to reach $215.31 billion this year, according to the report. Nearly 85% of the growth in eCommerce in Latin America will be concentrated in three markets: Argentina, Brazil and Mexico, the report…
Latin American e-commerce to top $215 billion as consumers demand rapid delivery, report says
MEXICO CITY, Jan 27 : Online shopping in Latin America is projected to reach $215.31 billion this year, as consumers become less loyal to platforms and begin to prioritize reliable delivery and transparent pricing over flashy personalization, according to a report on Tuesday by consulting firm Endeavor and e-commerce giant MercadoLibre. Latin American e-commerce growth is 1.5 times faster than the global average, the report found. Those sales ar…
Online purchases in Latin America will reach $215.310 million this year, while consumers become less loyal to platforms and prioritize reliable deliveries and transparent prices, according to a report published on Tuesday by consultant Endeavor and e-commerce giant MercadoLibre MELI.O. According to the report, e-commerce growth in Latin America is 1.5 times higher than the world average.These sales are concentrated in a handful of large markets,…
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