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Brazilian e-commerce market set to grow 12% in 2017

Friday 17 February 2017 | 17:59 CET | News
The Brazilian E-commerce market is expected to grow 12 percent in revenue this year to BRL 49.7 billion, according to the Ebit Webshoppers report. In 2016, e-commerce sales totaled BRL 44.4 billion, a nominal high of 7.4 percent compared to 2015, but the lowest growth since the start of research in 2001. One of the key factors in predicting e-commerce growth in 2017 is the continued entry of new consumers into the market, with customers migrating from physical stores to the virtual environment, Ebit CEO Pedro Guasti told Reuters.

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Categories: Internet
Countries: Brazil
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