日韩精品久久一区二区三区_亚洲色图p_亚洲综合在线最大成人_国产中出在线观看_日韩免费_亚洲综合在线一区

Global EditionASIA 中文雙語Fran?ais
Business

E-commerce platforms eye more opportunities

By FAN FEIFEI | China Daily | Updated: 2025-05-15 00:00
Share
Share - WeChat

Chinese e-commerce platforms are ramping up efforts to march into Latin America to cultivate new customers and rev up sales, as cross-border online marketplaces turn into important driving forces bolstering the growth of China's foreign trade amid external uncertainties.

Eyeing the enormous development potential of the Latin American e-commerce market, Chinese online retailers are providing value-for-money products to local consumers by leveraging efficient supply chain networks, and contributing to economic and trade cooperation between China and Latin America, experts said.

Temu, a cross-border e-commerce app owned by Chinese online discounter PDD Holdings, has made forays into Brazil, Chile, Colombia, Peru, Mexico, Uruguay, Ecuador, Dominica and Panama. To attract price-conscious consumers in the region, Temu offers an array of favorable policies including shopping discounts and coupons, as well as fast delivery services.

Chen Lei, chairman and co-CEO of PDD Holdings, said the company hopes to leverage the supply chain capacities it has accumulated to create a new channel that enables consumers from different countries and regions to directly purchase products from factories, providing more flexible and personalized supply chains and more cost-effective shopping experiences.

Launched in September 2022, Temu offers a wide selection of merchandise, including apparel, consumer electronics, jewelry, shoes, cosmetics and baby products at competitive prices. Most of these products are shipped directly from factories or warehouses in China.

As of January, the app's monthly active users reached 39 million in Brazil, making Temu the second-largest e-commerce platform in the country, while it has quickly become one of the most downloaded online shopping apps in Mexico since its debut in the country in 2023.

According to global research firm Statista, the number of e-commerce users in Latin America stood at 290 million in 2024, and this is expected to rise by 52 percent to more than 400 million by 2029.

The consultancy said Latin America's e-commerce sector will see an upward trajectory fueled by digitalization, improved logistics and infrastructure, and the rapid development of artificial intelligence technology reshaping online shopping worldwide.

TikTok Shop, the e-commerce marketplace of popular short-video app TikTok, which is owned by Chinese tech giant ByteDance, recently launched services in Brazil, marking a significant step in the company's expansion in the Latin American market. The platform entered the Mexican market in January.

Consumers can find and directly buy products featured in livestreaming broadcasts and short videos without leaving the platform. TikTok Shop will empower local sellers from all regions of Brazil, helping them grow by connecting their products to a large audience and handling order fulfillment in partnership with logistics providers in Brazil.

Market consultancy Mordor Intelligence predicts that the size of Brazil's e-commerce sector will rise from $52.87 billion last year to $125.68 billion in 2029, with a compound annual growth rate of 18.91 percent between 2024 and 2029. Brazil and Mexico together represent approximately two-thirds of the e-commerce market share in Latin America.

Mexico is the second-largest e-commerce market in Latin America, with its market scale expected to reach $53.97 billion by 2029, growing at a CAGR of 13.27 percent, it added.

Online fast-fashion retailer Shein has announced that it would initially invest $150 million to establish a network with thousands of textile manufacturers in Brazil, which is expected to become a manufacturing and export hub for the rest of Latin America. It plans to partner with 2,000 local manufacturers, creating around 100,000 new jobs over the next three years.

The investment would be used to provide tools and training in factories to upgrade traditional operations to match Shein's on-demand production model. By the end of 2026, local manufacturers and vendors are expected to account for almost 85 percent of all transactions made in Brazil, according to Shein.

"Latin America presents immense opportunities for Chinese cross-border e-commerce platforms aspiring to expand their footprint globally, thanks to the increasing penetration rate of internet and smartphone use, gradually improved logistics networks and the adoption of digital payment systems in the region," said Chen Tao, an analyst at the Beijing-based internet consultancy Analysys.

Chen estimates that the e-commerce industry in Peru, Colombia, Argentina and Chile will maintain double-digit growth rates in the next few years.

The younger generation prefers to buy commodities like apparel, smartphones, headphones and smartwatches online and is driving the development of e-commerce in Latin American countries, Chen added.

Today's Top News

Editor's picks

Most Viewed

Top
BACK TO THE TOP
English
Copyright 1995 - . All rights reserved. The content (including but not limited to text, photo, multimedia information, etc) published in this site belongs to China Daily Information Co (CDIC). Without written authorization from CDIC, such content shall not be republished or used in any form. Note: Browsers with 1024*768 or higher resolution are suggested for this site.
License for publishing multimedia online 0108263

Registration Number: 130349
FOLLOW US
主站蜘蛛池模板: 国产精品成人免费视频不卡 | 日本高清免费在线视频 | 日韩免费在线观看视频 | 超碰国产在线 | 婷婷综合久久狠狠色99h | 欧美一区二区三区免费视频 | 亚洲综合色丁香婷婷六月图片 | 久久亚洲精品国产精品777777 | 免费三级pq| 欧美成人精品二区三区99精品 | 国产精品19禁在线观看2021 | 欧美精品一区在线发布 | 好看的中文字幕在线 | 一区二区三区回区在观看免费视频 | 亚洲成人二区 | 国产日韩一区二区三区 | 特黄免费 | 成人欧美在线观看 | 任你干在线视频 | 精品美女在线观看视频在线观看 | 欧美三级不卡 | 午夜精品久久久久久91 | 精品日本三级在线观看视频 | 亚洲精品无 | 国产97人妻人人做人碰人人爽 | 国产夜色福利院在线观看免费 | 国产精品综合色区在线观看 | 国内精品一区二区 | 苏晓晖个人简介军衔 | 91精品一区 | 亚洲电影在线观看 | 天天干天天射天天操 | 激情伊人网 | 天天看天天爽 | 久久se精品一区二区国产 | 欧美一级永久免费毛片在线 | 在线观看91精品国产入口 | 在线观看国产 | 欧洲成人 | 亚洲国产精选 | 激情插插插 |