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Amazon Expands Its Business into South America – Brazil

Tapping into the ever evolving market of fashion and sportswear, Amazon has now successfully expanded its arms into Brazil, with its very own dedicated Brazilian website.

With plans of selling a wide range of sports and fashion products like Levis, Gloria Coelho, and other evident brands, Amazon is all primed and ready to expand in LATAM. But that’s not all, with ecommerce revenues going through the roof in Southern America, Amazon will also be selling consumer goods, electronic items and books in Brazil.

By 2018, ecommerce revenues are set to hit north of $21 billion, with just the fashion market expected to hit $10.9 billion by 2022, Amazon plans on being a big part of the pie in this industry by offering the most popular and sought after products in the Brazilian marketplace.

Reference: Amazon expands ecommerce footprint in Brazil

 

About Author

Syed Muneeb Ul Hasan is an expert in PHP and Magento, he prefers to educate users in implementing and learning Magento. When not working, he loves to watch cricket.