Published
Jan 12, 2016
Jan 12, 2016
E-commerce expected to grow 30% annually until 2018 in LatAm
Published
Jan 12, 2016
Jan 12, 2016
According to a new research report, e-commerce sales in Latin America are expected to grow at a considerable 30% annual compound rate until 2018. By the end of the period online trading will reach $84.9 billion in the region, found market research firm Télam.
To benefit from this growth, representatives of PayU Argentina recommend online retailers to implement user-friendly interfaces and earn their customers' trust by providing safe payment methods.
Overall retail sales in Latin America reached $1.8 million in 2015, according to eMarketer. Meanwhile, retail sales in Asia amounted to $8.5 million, $5.2 million in the US and $4.2 in Europe.
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