Market Research Report
Latin America B2C E-Commerce Market 2018
|Published by||yStats.com GmbH & Co. KG||Product code||742410|
|Published||Content info||121 Pages/Charts
Delivery time: 1-2 business days
|Latin America B2C E-Commerce Market 2018|
|Published: November 2, 2018||Content info: 121 Pages/Charts||
"Online Retail in Latin America set for growth."
Online retail sales volume in Latin America lags the phenomenal growth seen in North America, Europe and Asia, yet there are indications that the region may be set for rapid growth. yStats.com CEO Yücel Yelken notes that “Latin America is influenced by Global E-Commerce trends such as mobile shopping and payments as well as cross-border purchases.” More details are revealed in yStats.com's newest report “Latin America B2C E-Commerce Market 2018”.
Brazil is the regional leader in online retail sales volume and is expected to see continued growth. Purchases through mobile devices accounted for about a third of total online transactions in 2017, and the yStats.com report discloses that smartphones are used more often for online shopping research than purchases. The items frequently purchased online in Brazil through mobile include clothing, food and electronics.
Thanks to burgeoning smartphone penetration, mobile commerce has seen growth rates in the double digits in some nations of the including Argentina, where smartphone app for MercadoLibre is the most used shopping app. In Columbia and Mexico, smartphones are used to connect to the Internet at a rate nearly twice that of laptop Internet connection. Though M-commerce has recently propelled online shopping, surveys cited in the yStats.com report show that factors such as security concerns and delivery issues restrain more rapid adoption of B2C E-Commerce in Latin America.
Alibaba Group Holding Ltd, Amazon.com Inc., Americanas.com SA, Apple Inc, B2W Companhia Digital, Booking.com Ltd., BuscaPe.com Inc., Cnova N.V. Co. Ltd, eBay Inc., Falabella Retail S.A., Google LLC, Groupon Inc., Ifood, Linio, Magazine Luiza S.A., MasterCard International Inc, Mercadolibre Inc., OLX Inc., Via Varejo S.A., Visa Inc., Walmart Inc., Wish Inc..