Tag Archives: online shopping

Mercado Libre Now Worth More than Walmart in Mexico

Posted on by Leave a comment

By THE PULSE NEWS MEXICO STAFF Blame it on the pandemic lockdown, but as of late October, the Argentine online sales company Mercado Libre had surpassed the U.S.-based discount store Walmart in stock value in Mexico. Mercado Libre is now valued at just over $73 billion, and its quick-delivery and dependable follow-up service have made it a godsend for Mexicans

Read more

Mexican E-Commerce on the Rise, But Still Hampered

Posted on by Leave a comment

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

Read more