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How Latin America’s etailers stack up at home and abroad

Article by Sara Lebow  |  Jan 13, 2022
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How Latin America’s etailers stack up at home and abroad
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Retail Ecommerce Sales
Latin America

For more insights and key statistics on the biggest trends in today's most disruptive industries, subscribe to our Chart of the Day newsletter.

In H1 2021, Mercado Libre scooped up more than $13 billion in digital sales across Latin America, making it the region’s biggest ecommerce company. Americanas S.A. and Magazine Luiza rank second and third, each earning over $3 billion. Impressive as their figures are, these retailers can’t compete with international giants like Alibaba, whose gross merchandise value in China topped $78 billion during the 2021 Singles’ Day event alone.

Comparative Estimates: Retail Ecommerce Sales* Among Select Companies in Latin America, H1 2021 (billions and % change)
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