But losses mount for the home furnishings e-retailer that went public in October.
If there's something you've bought offline that you weren't able to buy online, we're probably thinking about that.”
The discount retailer reports a 69% increase in mobile conversion and a 44% year-over-year jump in mobile traffic.
Sponsored by 2013 Social Media 300
Published: August 2013
The rapid development of e-commerce in Latin America in the past few years should register, if it hasn't already, on every e-retailer's radar. Economic growth, broader Internet penetration and the proliferation of inexpensive mobile devices that enable more consumers to shop online are all driving strong growth in e-commerce. And, just as in other regions, entrepreneurial startups are hitting it big by selling online in Latin America. One such star is web-only Brazilian sporting goods merchant Kanui.com.br , whose web sales in 2012 grew nearly 9,000% (that's not a typo!) to $120 million, claiming the title of fastest-growing Latin American e-retailer according to the 288-page 2013 Internet Retailer 2013 Latin America 400, the only industry resource that comprehensively ranks and analyzes the 400 leading web merchants in the Americas outside of the U.S.—the fastest-growing global e-commerce market behind Asia and ahead of the U.S. and Europe. Total spending on all forms of information technology in the region reached an estimated $97 billion in 2012, according to IDC. Hence it's easy to see why investors, analysts and companies anticipate online retailing sales growth, especially in the burgeoning national markets of Brazil, Mexico, Argentina and Chile.
Only Internet Retailer provides you with a passport to this exclusive competitive e-retailing business intelligence. Now in its Second Edition, the Internet Retailer 2013 Latin America 400 mirrors the growth in Latin American e-commerce by showcasing its own expansion in research content: it offers 33% more data and analysis than its predecessor as its rankings of the leading Latin American e-commerce companies have increased from 300 to 400. And the collective portrait painted of these retailers of their 2012 online sales and other key metrics—up to 120 data elements per web merchant— is one of robust growth, exceeding that of U.S. web sales growth last year: Total Latin America 400 web sales grew almost 19% in 2012, compared to 16% growth in the U.S.
Order your copy of the Internet Retailer 2013 Latin America 400 today, in the format of your choice:
This guide is also available in database format as a subscription to the Top500Guide.com online portal. A one-year, one-user license costs $225, though various licensing options are available.
More About the Guide:
At 288 pages, the completely updated and expanded guide to Latin American e-commerce offers exclusive data and analysis, including:
Digital Edition Use: Single User Licenses Only, Limited Number of Devices per Order, No Exceptions. Please note: This is a digital product; no PDF downloads are available nor printing of pages like a PDF. You can download to your computer or laptop to use as an offline tool, but may not print and replicate pages.
Sales Figures2012 web sales of the 400 largest e-retailers
Detailed Map11 of the largest countries broken down by e-commerce metrics
Thorough AnalysisKey financial, operations, payments & performance metrics
Industry ContactsNames of more than 700 e-commerce executives