Brazil e-commerce grosses more than $11 billion in 2012

Mar 20, 2013
Brazilian Internet users log on at a cybercafe in Sao Paulo, Brazil, on May 26, 2010. Online commerce in Brazil last year grossed 22.5 billion reais (around $11.5 billion), up 20 percent over the previous year, the market research firm e-bit said

Online commerce in Brazil last year grossed 22.5 billion reais (around $11.5 billion), up 20 percent over the previous year, the market research firm e-bit said Wednesday.

According to a study e-bit conducted with the Brazilian Chamber of , Brazil added 10.3 new million electronic consumers, bringing to 42.2 million the number of people who made at least one online purchase last year.

This year, e-bit anticipates a 25 percent increase in revenue from online sales, thanks in part to the soccer Confederations Cup in June and next year's World Cup, which will boost sales of big-screen television sets.

Pedro Guasti, e-bit's director general, said Brazil already has "more than 50 million Internet consumers."

Main sectors which attracted Brazilian e-commerce in 2012 were electronic appliances, fashion, health, beauty care, computers and home products. Most of the purchases were made with credit cards.

In financial volume, Brazil accounts for 59.1 percent of e-commerce in , followed by Mexico (14.2 percent), Argentina (6.2 percent) and Chile (3.5 percent), according to data based on a study conducted by the Visa global company.

With a population of 194 million, Brazil is one of the world leaders in Internet use.

A recent study by the IBOPE polling company said Brazil has the world's sixth largest economy has 52.5 million active , putting it in third place worldwide.

Explore further: Nigeria launches national identity card scheme

add to favorites email to friend print save as pdf

Related Stories

Nearly 100 mn computers in use in Brazil: study

Apr 18, 2012

About 99 million computers are currently in use in Brazil, or one for every two of the country's inhabitants, according to a study by the Getulio Vargas Foundation (GVF) released Wednesday.

Brazil has 47.5 million active Internet users

Feb 27, 2012

The number of active Internet users in Brazil rose two percent in January and more than 11 percent over the past 12 months to reach 47.5 million, IBOPE Nielsen Online reported Monday.

Taiwan's Hon Hai buys new factory site in Brazil

Nov 16, 2012

Taiwanese technology giant Hon Hai said Friday it has acquired a piece of land in Brazil for $12.6 million as part of its plans to expand its operation in the South American country.

Taiwan's Foxconn to open new plant in Brazil

Sep 19, 2012

Taiwanese technology giant Foxconn said Wednesday it is set to invest $492 million to build a new facility in Sao Paulo, Brazil to produce smartphones, tablets and other electronic devices.

Recommended for you

Chinese e-commerce rivals challenge Alibaba (Update)

19 hours ago

China's biggest property developer, Wanda Group, and Internet giants Baidu and Tencent unveiled a new e-commerce venture Friday in a challenge to industry leader Alibaba Group ahead of its U.S. stock offering.

Nigeria launches national identity card scheme

Aug 28, 2014

Nigeria's President Goodluck Jonathan on Thursday launched a national electronic identity card scheme, which backers said would boost access to financial and government services in Africa's most populous nation.

User comments : 0