Among regulations and strict laws, a fine of ?20 million (or 4% of the company?s annual turnover) can be applied for any business that don?t respect the new GDPR. If your e-commerce has any connection with European shoppers, this article is for you!
Following the trend of Latin America, Uruguayan consumers prefer paying all sort of bills with cash. Offering different tools to enable this kind of payment method will boost e-commerce sales vertiginously.
According to the Peruvian Chamber of Electronic Commerce (Cámara Peruana de Comercio Electrónico – Capece), the exponential increase represented sales of US$ 2,800 billion in 2016.
With 2.6 million people with internet access, e-commerce is still at an early age in a country with a steady growth in the last years. Some online stores showed an annual growth rate of 30% to 50%.
The second largest market for e-commerce in Latam, right after Brazil, can reach $11 billion in e-commerce sales in 2018 alone. According to the Business Insider, it is also expected to register a growth of 15.6% by 2019.
According to the report by Ecommerce Europe, digital shops increased 13.3% in 2014 (representing 2.9 billion euros) and this number doubled in 2016 as Portuguese ecommerce reached a value of 4.2 billion euros made by 3.4 million online users.
Turkey is not charming only by its secular culture and gorgeous landscapes.
A new government and a more open approach to international businesses has created the necessary conditions for optimism regarding the future of Argentina.
Want to reach the largest and most influential LATAM market via cross-border sales? Check our infographic about online shopping in Brazil.
Chilean online consumers are quite open to international e-commerce solutions and show a high demand for digital services.