Market Share of Brazil E-commerce Industry
The Brazilian e-commerce market is fragmented with the presence of major players like Magazine Luiza, Amazon.com, Inc., Casas Bahia, and Shopee Americanas. Players in the market are adopting strategies such as partnerships and acquisitions to enhance their product offerings and gain sustainable competitive advantage.
In November 2022, Amazon and Azul Cargo collaborated on e-commerce in Brazil. Amazon and Azul Cargo partnered to speed up the delivery of air freight e-commerce items in North Brazil. The two firms' cooperation also aims to increase package delivery volumes.
In July 2022, Shopee, a Singaporean shopping app owned by Sea Ltd, launched five new distribution centers in Brazil to streamline shipping procedures and reduce wait times.
Brazil Ecommerce Market Leaders
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Magazine Luiza
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Amazon.com, Inc.
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Casas Bahia
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Shopee
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Americanas
*Disclaimer: Major Players sorted in no particular order