Mercado Livre Leads as Brazil’s E-commerce Market Expands

Brazil’s e-commerce sector is poised for record-breaking sales in 2024, according to FecomercioSP projections. This forecast follows an impressive 2023, where revenues hit R$ 205.1 billion ($36.6 billion). The industry’s growth trajectory has been steep since 2020 when pandemic-induced lockdowns sparked an 80.9% revenue increase from 2019. Recent data supports this optimistic outlook. The first […]

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