Vander Enters LATAM Amid Global Partnership with VTEX
Vander Group continues to expand its global capabilities with the announcement of its partnership with Brazilian technology platform VTEX. This partnership comes amid continued growth early into Q2 of 2017.
Earlier this week, Vander Group also announced its merger with S86, a Los Angeles-based Omnichannel Advisory Group; accelerating Vander Group’s global commerce initiatives with fully integrated Omnichannel offerings and solutions.
With VTEX, Vander Group will accelerate cross border initiatives for merchants looking to build a footprint in Latin America (LATAM). Additionally, Vander will provide enterprise-level capabilities and solutions for VTEX’s growth initiatives and strategies; supporting the adoption of VTEX in North America and Europe.
According to Business Insider, Latin America is one of the fastest-growing regions for eCommerce, behind the Asia-Pacific. We expect online retail sales to grow at a compound annual growth rate (CAGR) of 17% between 2014 and 2019 to reach $85 billion in sales at the end of the forecast period.
Together, Vander and VTEX form a powerful bond for merchants looking to rapidly scale up their infrastructure in Latin and North America. Vander Group’s Global CEO, Sergio M. Villasenor stated, “Partnering with VTEX provides more than technology; together we will provide merchants guidance in better understanding the economic and socioeconomic climates in Latin and North America. Together building products and solutions that provide immersive, localized customer experiences in both markets.”
With this partnership, Vander Group and VTEX will provide products and solutions that enable merchants to gain cross border market momentum throughout Latin and North America.