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E-commerce penetration in the United States is about 16% of total retail and is even smaller in the Latin American markets where MercadoLibre operates. The same can be said for cashless payment ...
It would be a seismic shift, one driven by increased e-commerce penetration, faster delivery times, and the stickiness of Amazon Prime. ... It was the first year since 2009 that US e-commerce grew ...
E-commerce penetration in Latin America, where MercadoLibre operates, is still below other global regions, but it's growing quickly, and this is the company's sweet spot.
By the 1980s, Coca-Cola commanded almost 70% share of the US market [9] Mass market products and brands offer lower acceptable quality, are mass-produced, widely distributed and typically rely on mass media to create high levels of market awareness and ultimately market penetration. A premium brand, in contrast, combines elements of luxury and ...
E-commerce typically uses the web for at least a part of a transaction's life cycle although it may also use other technologies such as e-mail. Typical e-commerce transactions include the purchase of products (such as books from Amazon) or services (such as music downloads in the form of digital distribution such as the iTunes Store). [2]
Gross merchandise volume (alternatively gross merchandise value or GMV) is a term used in online retailing to indicate a total sales monetary-value (e.g. in U.S. dollars or Euros) for merchandise sold through a particular marketplace over a certain time frame.