Brazil ecommerce jumps 57% in first five months of 2020 fueled by COVID-19

SAO PAULO, June 23 (Reuters) – Brazilian e-commerce has risen by 56.8% in the first five months of 2020 from a year earlier, reaching 105.6 billion reais ($20.50 billion) in sales revenue, a survey showed on Tuesday, as more consumers have shifted to online shopping during the coronavirus pandemic.

The number of online orders grew by 65,7% in the same comparison, mostly driven by three categories: cosmetics and perfumes, furniture and eletronics, according to data compiled by Brazilian ecommerce consultancy Compre&Confie and industry body ABComm.

By Gabriela Mello via Yahoo Finance

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