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Tag: Brazil e-commerce

RIO DE JANEIRO, BRAZIL - With strong growth both in online shopping as in the financial area last year, Mercado Libre set aside R$10 (US$1.72) billion to invest in 2021, most of which will be directed to what may...
RIO DE JANEIRO, BRAZIL - Buenos Aires-based Mercado Libre announced on Monday, March 1st, that it will invest R$10 (US$1.75) billion in Brazil in 2021 to make its mark in its main market, seeing Latin America as the fastest...
RIO DE JANEIRO, BRAZIL - Brazilian delivery app Loggi announced a R$1.15 billion (US$205 million) funding round on Monday, March 1st, as the firm seeks to expand its distribution footprint and shorten delivery times amid an e-commerce boom in...
RIO DE JANEIRO, BRAZIL - With e-commerce gaining more and more relevance, payment companies will need to adjust to enhance security protocols. According to Maria Isabel Noronha, Visa's director, some solutions are already in place, such as the "tokenization" system,...
RIO DE JANEIRO, BRAZIL - Shopee, the e-commerce arm of Southeast Asia's Sea Ltd, is scaling up its operations in Brazil and evaluating the long-term potential of Latin American markets, according to two people with knowledge of the matter. Shopee,...
RIO DE JANEIRO, BRAZIL - Latin American e-commerce giant Mercado Libre has benefitted immensely from the pandemic, as stay-at-home orders forced consumers to buy online. According to our inaugural forecast on Mercado Libre, the online marketplace’s sales will surge...

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