XINHUA The Argentine e-commerce sales company Mercado Libre announced on Tuesday, April 6, that it will invest $1.1 billion in Mexico in 2021, mainly to expand its warehouse facilities amid an increasing demand generated by the covid-19 pandemic. The general director of Mercado Libre México David Geisen explained in a virtual conference that the investment for 2021 is the largest
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E-Commerce: The Digital Dash for Domination By KELIN DILLON Businesses of all walks of life have suffered as coronavirus has brought economic hardships upon the globe, and the fashion industry has been no exception to covid’s ever-expanding grasp. Many designers have been pushed toward innovation, creating out-of-the-box runway shows and fresh social media content to generate buzz among a generation
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By THÉRÈSE MARGOLIS After Brazil, Mexico is the second-largest e-commerce market in Latin America, expected to represent more than $8 billion in sales this year, according to Pedro Abad, CEO of Elogia México, a digital marketing agency. “That figure is impressive, but it pales in comparison with the size of the U.S. e-commerce market, (which amounts to $453 billion in
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While retailers across the United States are shutting down their brick-and-mortar stores at a record pace, here in Mexico, the in-person shopping experience is as popular as eve
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