Chart
| Nov 1, 2023
Source: Insider Intelligence | eMarketer
Chart
| Nov 1, 2023
Source: Insider Intelligence | eMarketer
Chart
| Nov 1, 2023
Source: Insider Intelligence | eMarketer
The company plans to roll out marketplaces in Mexico, Germany, Spain, France, and Italy. The context: Shein has a dominant (40%) share of the US fast-fashion market thanks to its vast assortment of low-priced apparel that appeals to Gen Z and millennial shoppers, per Bloomberg. Despite its success, the company has significant challenges.
Article
| Jul 27, 2023
Walmart de México y Centroamérica (Walmex).
Report
| Aug 16, 2022
So between 2017 to through this year, we expect Mercado Libre will have invested over $5 billion into its e-commerce business in Mexico alone.
Audio
| Jul 31, 2023
Most of Europe, North America, Canada, Mexico, US, Brazil, Chile, Mongolia, Australia, New Zealand, and a few others. Egypt actually got rid of it and then brought it back, and about half the world used to observe daylight savings. Just a third does now. So miserable, isn't it? Miss me with the, "Oh, an extra hour of sleep."
Audio
| Nov 9, 2023
Respondents were from: UK, US, France, Spain, China, Japan, Australia, Brazil, Argentina, Mexico, Colombia, India, Poland, UAE, Netherlands, Germany, South Africa, and Thailand.
Article
| Jul 27, 2023
Mexico remains the top destination country: 95.5% of the estimated $56.24 billion in remittance inflow to Mexico in 2022 will come from the US. Guatemala is in the fifth spot. There is enormous potential for financial services companies to court Hispanic consumers. Multiculturalism Should Not Be an Afterthought for Marketing.
Report
| Oct 6, 2022
Walmart de México y Centroamérica (Walmex). Xandr. Yahoo.
Report
| Apr 15, 2022
Brazil will climb the growth rankings over the coming years, while Argentina will join Mexico near the bottom of the list. Nonetheless, they’ll remain some of the fastest-growing retail ecommerce markets in the world through 2026. By the end of 2026, Brazil will shoot up to the No. 3 spot, Mexico will remain in ninth place, and Argentina will land in seventh.
Report
| Jul 29, 2022
Mexico will lag further behind with a penetration rate of 41.8% this year. That’s more than 20 percentage points lower than Brazil. Instagram’s lower penetration rate in Mexico is due to competition for users’ attention from other players, like TikTok, since the start of the pandemic.
Report
| Jan 18, 2022
Last week, it partnered with Western Union on US-Mexico remittances. And Citi loaned the firm $375 million in November to grow its credit arm in Brazil and Mexico. These investors see Mercado Libre’s growth potential determined by whether it can harness its regional retail success and use it to build its finance arm.
Article
| Jul 14, 2022
Methodology: Data for retail ecommerce sales for Alibaba and in Mexico and Mercado Libre's retail ecommerce sales in Mexico figures are both from Insider Intelligence's June 2022 forecast. Data from Amazon is from Insider Intelligence's November 2022 forecast.
Article
| Jan 18, 2023
Chart
| Jun 1, 2023
Source: Insider Intelligence
Platforms like Mexico City-based Kavak are betting heavily on consumers’ growing interest in buying used cars online. Kavak arrived in São Paulo in July 2021 and expanded to Rio de Janeiro this past February.
Report
| Aug 29, 2022
Mexico will be the first country to pass the 75% mark, in 2025, while Brazil will reach this milestone in 2026. By the end of our forecast period, Mexico and Brazil will become the fourth- and fifth-most digitally penetrated ad markets in the world, respectively—a few percentage points behind the 79.8% share of the US.
Report
| May 18, 2022
And so that would be if you added the seven states that I just mentioned, plus Montana, Maine, New Hampshire, Hawaii, West Virginia, Idaho, Nebraska, New Mexico, and Kansas. And that's 20 million extra adults who were considered at risk of becoming problem gamblers. Marcus Johnson (18:50):. So it's a lot of folks, and it's growing.
Audio
| Sep 18, 2023
A July 2021 study from the Asociación Mexicana de Venta Online (AMVO) in collaboration with GS1 México found 85% of small businesses professionals in Mexico used social networks to sell their goods, more than any other retail channel. That makes sense given the relative ease with which SMBs can use social media platforms to set up shop and begin selling their products online.
Report
| Dec 16, 2021
It recently reentered the Indian market; rolled out plans to launch its online marketplace in Mexico, Germany, Spain, France, and Italy this year; announced partnerships with brands such as Skechers and mothercare company Lansinoh; and expanded into new categories such as home appliances and smart home products.
Article
| Jun 28, 2023
The survey included over 1,400 industry professionals, marketers, and publishers in the US, UK, Australia, Colombia, India, Mexico, and Singapore. Post-cookie readiness: With regard to post-cookie identity resolution, many marketers appear to be playing the field for the time being.
Article
| Dec 7, 2022
Latin America’s enduringly strong growth in sub OTT usership can be traced to its two largest markets: Brazil and Mexico. Both countries have embraced these services at a higher rate than what may be expected given their levels of economic development. Brazil and Mexico will boast the fourth and fifth most sub OTT users in the world this year, with 70.6 million and 43.8 million, respectively.
Report
| Mar 23, 2022
It also aims to replicate its model in Mexico where it offers a range of options such as telecom, financial services, and healthcare. The big takeaway: Walmart is making long-term bets that should pay off whether the economy heads south and consumers look for value, or if conditions improve and shoppers focus on convenience. Go further: Read our Retail Media Ad Spending Forecast H1 2023 report.
Article
| Jun 5, 2023
Mexico remains the top destination country: 95.5% of the estimated $56.24 billion in remittance inflow to Mexico in 2022 will come from the US. Guatemala is in the fifth spot. There is enormous potential for financial services companies to court Hispanic consumers.
Article
| Oct 6, 2022
Mexico-based Bitso processed $1.2 billion in remittances in 2020 (around 2.5%–3% of yearly remittance volume between the US and Mexico, up from 1.5% in 2019). Bitso claims to have 95% of crypto market share in Mexico, the world’s third-largest largest remittances recipient.
Report
| May 12, 2022