COVID-19 has significantly altered consumer shopping patterns across Mexico, according to industry insiders.
Mexico’s largest e-commerce platforms — WalMart, Amazon and MercadoLibre — all reported gains in users and revenue during the second quarter of 2020.
Walmart de Mexico (BMV: WALMEX.MX), Walmart’s Mexico unit, reported online sales grew 217% in the second quarter and now make up 4.5% of total sales in Mexico. Walmart is the largest retailer in Mexico.
“As social distancing measures became...
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