E-commerce in Latin America
By NOWPayments on The Capital
Published in
1 min readJul 28, 2020
The e-commerce market in Latin America is rarely covered by the media in comparison to those of North America, Europe, and Asia. However, the Latin American E-Commerce market is not small by any means being the second-fastest-growing e-commerce market in the world.
There is a huge potential in Latin America as its economy expanded by almost $500 billion in 2019. The Latin American region is also seeing massive growth in terms of digitization and hence, it is one of the most promising e-commerce markets today. In 2018, e-commerce sales in Latin America generated more than $100 billion.
Read more about the e-commerce key players and trends in Latin America in the NOWPayments Blog.
