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E-commerce in Brazil should close 2021 with revenues of US$55 billion

RIO DE JANEIRO, BRAZIL - If on the one hand there was a drop in retail sales in physical stores, on the other there was an increase in demand for e-commerce nationwide.

The National Confederation of Commerce (CNC) estimates that e-commerce in Brazil will close 2021 up 38%. "In terms of revenues, we project R$304 (US$55) billion," says CNC economist Fábio Bentes.

Federal Treasury data, analyzed by the Getúlio Vargas Foundation (FGV), show that Brazilians bought more online during the pandemic and that a large part intends to continue doing so. The change of habit . . .

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